Map of Property

Murphy Oil

604 Beal Pkwy NW, Fort Walton Beach, FL 32548

  • For Sale $3,285,000
  • Property Type Retail - Freestanding
  • Property Size 43,000 SF
  • Lot Size 0.99 Acre
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 2023
  • Date Updated Jan 23, 2025
-Long-term 20-year absolute NNN corporate ground lease Murphy Oil featuring 8% rental increases every 5 years and four, 5-year extension options. Subject property is located in Fort Walton Beach – an idyllic coastal city benefiting from nearby Eglin Air Force Base and Florida’s no state income tax status.
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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 with over 1,700 locations in 27 states
  • 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
  • Subject property just down the street from Sun Plaza – a 250,000+ SF shopping center anchored by Publix and T.J. Maxx

Contacts

broker
John Andreini

CP Partners

Location

Getting Around

  • Walk Score ®

    58/100 Somewhat Walkable

  • Bike Score ®

    44/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Fort Walton Beach, FL
  • Neighborhood Wright
  • Zip Code 32548
  • Market Pensacola

Points of Interest

  • Murphy USA

    0.02 miles

  • Mobil

    0.70 miles

  • Sam's Club

    0.73 miles

  • AT's

    0.93 miles

  • Shell

    1.41 miles

  • Tom Thumb

    1.56 miles

  • Raceway

    1.59 miles

  • CEFCO

    1.63 miles

  • Timber lake Trailhead

    3.97 miles

  • Timber Lake Trailhead

    4.55 miles

  • Employee Parking

    6.96 miles

  • Cellphone Lot

    7.00 miles

  • Taxi Queue

    7.05 miles

  • Whataburger

    0.05 miles

  • Ruby Tuesday

    0.06 miles

  • Thai Town Restaurant

    0.06 miles

  • Chipotle

    0.20 miles

  • Wild Ginger

    0.21 miles

  • Tropical Smoothie

    0.22 miles

  • Golden Corral

    0.25 miles

  • Neighborhood cafe

    0.29 miles

  • Neighborhood Cafe

    0.30 miles

  • Moe's Southwest Grill

    0.34 miles

  • TJ Maxx

    0.24 miles

  • Bealls

    0.33 miles

  • Publix

    0.36 miles

  • ALDI

    0.42 miles

  • Walmart Supercenter

    0.89 miles

  • Piggly Wiggly

    1.27 miles

  • Winn-Dixie

    1.32 miles

  • Santa Rosa Mall

    1.34 miles

  • Kohl's

    1.36 miles

  • Target

    1.72 miles

Frequently Asked Questions

How much does Murphy Oil cost?

The space currently listed for sale at Murphy Oil asks for $3,285,000.

What is the total square footage of Murphy Oil?

Murphy Oil totals 43,000 square feet.

When was this property built?

Murphy Oil was built in 2023.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
John Andreini

CP Partners

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