2801 W Fairfield Dr - Service Station FOR SALE


Pensacola, FL 32505- South Pensacola
$3,900,000 USD
949-221-1835
2801 W Fairfield Dr, Pensacola, FL for Sale
$3,900,000 USD
Service Station - FOR SALE
1/4
null | 5% Cap Rate

2801 W Fairfield Dr
Pensacola, FL 32505
South Pensacola


HIGHLIGHTS

  • CORPORATE EXECUTED LEASE - MURPHY USA - PUBLICLY TRADED (NYSE : MUSA)
  • LONG TERM LEASE - 20 YEAR PRIMARY TERM WITH 4-5 YEAR LEASE OPTIONS
  • GROWING INCOME STREAM WITH 8% INCREASES EVERY 5 YEARS
  • BRAND NEW 2026 CONSTRUCTION / ABSOLUTE NNN LEASE / LAND OWNERSHIP
  • HIGH PROFILE LOCATION ALONG W. FAIRFIELD DRIVE & NORTH W STREET – HARD CORNER /STRONG SIGNALIZED INTERSECTION /65,000 VPD
  • 16 FUEL PUMPS + CONVENIENCE STORE

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 coastal market of Pensacola, Florida. The property features a corporate-executed, long-term absolute triple-net (NNN) lease with Murphy USA (NYSE: MUSA), a publicly traded, Fortune 500 company ranked #214 on the 2025 list. The absolute NNN structure ensures zero investor responsibilities, as the tenant is directly responsible for all repairs and maintenance, including the building, roof, parking lot, and landscaping—as well as property taxes, utilities, and insurance. The lease includes a new twenty (20) year primary term with four (4), five (5) year renewal options, providing a potential total term of forty (40) years. Furthermore, the 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 1,700 locations across 27 states under the recognized brands Murphy USA, Murphy Express, and QuickChek. The company generated over $19.38 billion in revenue for fiscal year 2025, demonstrating significant financial strength and a market presence dating back to 1966. This property represents brand-new, prototypical construction featuring a 2,824 SF convenience store and 16 fueling positions across 8 multi-product dispensers. This latest prototype is specifically designed to maximize sales volume and customer throughput. The new roof, structure, parking lot, and improvements eliminate concerns of deferred maintenance while providing significant intrinsic real estate value. Strategically positioned at a high-profile signalized intersection along W. Fairfield Drive and North W Street, the property offers outstanding visibility and a combined traffic count of approximately 65,000 vehicles per day. The location benefits from dense demographics, with a population exceeding 153,181 people and an average household income of over $87,000 within a five-mile radius. As a historic coastal hub with a vibrant military presence and an MSA population exceeding 400,000, Pensacola is a community strategically located between Mobile and Tallahassee. This free-standing hard corner location is perfectly positioned within a primary retail corridor to serve this coastal community and capitalize on the consistent customer traffic at the intersection.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$1,381 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Murphy USA | 20 YR ABS NNN Lse | 65K VPD |

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store, Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.77 AC

LAND SF

120,867 SF

ZONING

-

APN/PARCEL ID

16-2S-30-1001-011-001

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.