564 Beal Pky N - Convenience Store FOR SALE


Fort Walton Beach, FL 32548
$3,285,000 USD
469-694-4189
564 Beal Pky N, Fort Walton Beach, FL for Sale
$3,285,000 USD
Convenience Store - FOR SALE
1/3
null | 5% Cap Rate

564 Beal Pky N
Fort Walton Beach, FL 32548


HIGHLIGHTS

  • Sits on Premier High-Traffic Signalized Intersection of Beal Pkwy (51,300 VPD) & Mary Esther Cut Off NW (19,200 VPD)
  • Near National Retailers Including Walmart, Publix, Sam’s Club, Lowe’s, Home Depot, Whataburger, and Starbucks
  • Affluent Area – Average HH Income in 1,3,5 Mile Radius is all over $90,000 w/ over $100,000 in Immediate Trade Area
  • Murphy USA is a Leading Retailer of Gasoline & Convenience Merchandise – Over $25.45B in Revenue
  • Fort Walton Beach | Principal City of Fort Walton Beach-Crestview-Destin MSA | 8 Miles West of Destin

OVERVIEW

20-Year Corporate Absolute NNN Ground Lease w/ 8% Rental Increases Every 5 Years Plus (4) 5-Year Options to Renew

FOR SALE DETAILS

PRICE

$3,285,000 USD

PRICE/SF

$1,163 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Murphy USA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Kyle VarniSecure Net LeaseMore Info
469-694-4189

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Kyle VarniSecure Net LeaseMore Info
469-694-4189

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.