Map of Property

Murphy Oil

For Sale

604 Beal Pkwy NW, Fort Walton Beach, FL 32548

This Fort Walton Beach property for sale is located at 604 Beal Pkwy NW. The general use of Murphy Oil is retail and it incorporates 43,000 square feet of class C retail space. The current listed sale price for Murphy Oil is $3,285,000. Murphy Oil is situated on a lot that is 0.99 acre in size.

Contacts

broker
John Andreini

CP Partners

Property Details

  • 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 21, 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

Getting around

  • 58/100

    Walk Score ®

  • 44/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
John Andreini

CP Partners

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