Murphy Oil USA, Inc. ranks among the largest independent fuel retailers in the United States, operating 1,772 retail fuel stations across 27 states with a strategic focus on high-volume, low-cost locations adjacent to Walmart stores. The company delivers a full range of fuel products — including gasoline, diesel, ethanol, and biodiesel — alongside convenience merchandise, positioning itself as a price leader in every market it serves. Murphy USA is publicly traded on the NYSE under the ticker symbol MUSA and is a recognized Fortune 500 company. Founded in 1996 as a subsidiary of Murphy Oil Corporation, Murphy USA launched its first station near a Walmart location, pioneering a co-tenancy model that drives consistent, high-traffic fuel sales. In 2013, it was spun off as an independent publicly traded company, allowing it to pursue accelerated growth through new store development and strategic acquisitions, including the QuickChek convenience format. The subject property lease is a corporate obligation of Murphy Oil USA, Inc. — not a franchisee — providing investors with direct credit exposure to the parent entity. With annual revenues of approximately $19.4 billion and a proven 30-year operating history, Murphy USA represents one of the most creditworthy tenants in the net lease investment market.