604 Beal Pky NW - Freestanding FOR SALE
Fort Walton Beach, FL 32548 |
604 Beal Pky NW
Fort Walton Beach, FL 32548
HIGHLIGHTS
- 20-year absolute NNN ground lease featuring 8% rental increases every 5 years
- Brand-new 2023 build-to-suit construction
- Ideal location in tax-free state – signalized hard corner with extremely high traffic counts (86,000+ VPD)
- Lease signed by tenant’s primary corporate operating entity – Murphy Oil USA, Inc.
- Murphy USA, Inc. (NYSE: MUSA) is one of the largest independent retailers of gasoline products and convenience store merchandise in the country
- Nearby Eglin Air Force Base is the largest Air Force base in the world spanning 724 square miles with 19,000+ military personnel on the premises
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Murphy Oil
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Service Station
TOTAL BUILDING SIZE
43000
STORIES
1
YEAR BUILT
1980
SPRINKLERS
-
PARKING SPACES
15
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
10-2S-24-1010-0001-0010
