10575 S US Highway 1 - Bank FOR SALE


Port Saint Lucie, FL 34952- Outer Port St Lucie
$4,360,000 USD
949-221-1835
10575 S US Highway 1, Port Saint Lucie, FL for Sale
$4,360,000 USD
Bank - FOR SALE
1/4
null | 5% Cap Rate

10575 S US Highway 1
Port Saint Lucie, FL 34952
Outer Port St Lucie


HIGHLIGHTS

  • Murphy USA (NYSE: MUSA) – Fortune 500 fuel and convenience retailer with 1,700+ U.S. stores and $21B in 2024 revenue.
  • 20-year absolute NNN lease – Tenant covers all expenses and maintenance; up to 40-year term offers hands-free, long-term stability for investors.
  • 8% rent increases every 5 years – Delivers growing income, higher ROI, and inflation protection for investors.
  • Prime Port St. Lucie site – Signalized hard corner on US Hwy 1 with 94K VPD and strong 5-mile demographics (135K+ population, $95K+ income).
  • Port St. Lucie, FL – Fast-growing coastal city between Miami and Orlando, known for safety, recreation, and NY Mets spring training.
  • Brand-new prototype store – Modern construction with no deferred maintenance, maximizing sales and real estate value. 12 Fuel Pumps

OVERVIEW

Florida Broker of Record... SCOTT AYRES DeYOUNG ...FL BK 3421401 Faris Lee Investments is pleased to present an opportunity to acquire a single-tenant retail property leased to Murphy USA in the affluent and growing market of Port St. Lucie, FL. This property is under construction and projected to open in November, 2025. It features a corporate-executed, long-term absolute triple-net (NNN) ground lease with Murphy USA, Inc. (NYSE: MUSA), a publicly traded, Fortune 500 company with a strong S&P credit rating of BB+. Murphy USA built and paid for the construction of the building and premises and is directly responsible for all repairs and maintenance, including the building, roof, parking lot, and landscaping, as well as directly paying property taxes, utilities, and insurance. The ground lease structure includes four (4), (5 year) renewal options, providing a potential total lease term of forty (40) years. Furthermore, the ground lease features scheduled rental increases of 8% every five years, ensuring a growing income stream and a hedge against inflation for the investor. Murphy USA is a leading operator of retail gas stations and convenience stores, boasting over 1,750 locations across 27 states under the recognized brands Murphy USA, Murphy Express, and QuickChek. Ranked #231 on the 2025 Fortune 500 list, the company generated over $20.2 billion in revenue in 2024, demonstrating significant financial strength and market presence since its inception in 1996. This property represents brand new, prototypical construction, eliminating concerns of deferred maintenance and featuring the latest store layout designed to maximize sales volume. The new roof, structure, parking lot, and improvements contribute significant intrinsic real estate value. Strategically positioned at a signalized intersection on US Highway 1 in Port St. Lucie—Florida’s 7th most populous city—the property offers outstanding visibility and access. The site is exposed to high daily traffic counts of 56,100 vehicles on US Highway 1 and 38,300 on SE Port St. Lucie Boulevard and benefits from dense demographics with over 135,000 residents within a five-mile radius. Embedded in a market renowned for its rapid growth, family-oriented master-planned communities, and exceptional public safety, the property is perfectly positioned on the city’s primary retail corridor to serve this expanding community.

FOR SALE DETAILS

PRICE

$4,360,000 USD

PRICE/SF

$1,307 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Murphy USA | 20 YR ABS NNN Lse | Coastal City

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Convenience Store, Freestanding, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

22

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

RR - PSL

APN/PARCEL ID

4412-513-0001-000-9

ASK ABOUT THIS PROPERTY

Scott DeYoungFaris Lee InvestmentsMore Info
949-221-1835

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Scott DeYoungFaris Lee InvestmentsMore Info
949-221-1835

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.