Listed by Secure Net Lease
$5,053,000
Murphy USA | Newest "Store of Tomorrow" Location
Details
Property Type Retail
Sub Type Convenience Store, Gas Station
Square Footage 2,824
Cap Rate 4.75%
NOI $240,000
Occupancy 100%
Tenancy Single
Brand/Tenant 7-Eleven, Wawa
Lease Type Absolute NNN
Lease Term 20.1
Lease Expiration 10/31/2046
Remaining Term 20.3
Rent Bumps Yes
Lease Options (4), 5-Year Options to Renew
Year Built 2026
Acreage 1.120
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 10/01/2026
Ground Lease Yes
Premier Location | Fastest Growing Area of FL | New Walmart & Sam's Club Development
Marketing description
- Brand-New 20-Year Absolute NNN Ground Lease — Zero Landlord Responsibilities
- Premier Location Directly Across From a Brand-New Walmart Supercenter and Sam’s Club
- Hard Corner with Direct Left Turn Access at US-27 & Holly Hill Grove — 63,500+ VPD
- One of Florida's Fastest-Growing Areas in the State — Polk County | Subject Property is 10 Miles From Disney World
- Strong Corporate Guarantee | NYSE: MUSA | 1,800+ Locations
Investment highlights
- Brand-New 20-Year Absolute NNN Ground Lease with Murphy Oil USA Inc., with 10% rent increases every 5 years in the primary term and during each of the four option periods.
- Premier Location Directly Across the Street From A Brand-New Walmart Supercenter and Sam's Club currently under construction at Holly Hill Grove Road — Murphy USA's most synergistic retail neighbor, with the majority of its 1,800+ locations nationwide co-located alongside Walmart. The surrounding US-27 corridor is among the most active retail development zones in the state of FL.
- Davenport is One of the Fastest-Growing Cities in the United States, recording a 9.55% annual population growth rate in 2024 — well above state and national benchmarks — driven by new master-planned communities, tourism employment, and sustained in-migration along the I-4 and US-27 corridors. The property sits within the Orlando/Kissimmee/Sanford MSA, which welcomed 75.9 million visitors in 2025 — a new all-time record.
- High-Traffic Location on Highway 27 With Direct Left Turn Access at the hard corner of US Highway 27 and Holly Hill Grove Road, carrying 63,000 VPD — one of Central Florida's primary north–south arterials connecting the I-4 corridor to South Florida. The site benefits from exceptional visibility and access shared with a new Walmart Supercenter and Sam's Club currently under construction.
- Significant Institutional and Tourism Demand Drivers within the trade area, including Walt Disney World (~15 miles), Universal Orlando (~25 miles), and the new 75,000 SF Polk State College Haines City–Davenport Campus opening Fall 2026. Over 101,000 people live within 5 miles of the property, with a projected 5.9% annual population growth rate through 2031.
- Murphy USA (NYSE: MUSA) | Fortune 500 | BB+ Credit | $4.28B Revenue — Murphy USA is a leading national retailer of gasoline and convenience merchandise operating approximately 1,800 locations across 27 states, servicing an estimated 2 million customers per day.
Listing Contacts
Listed by Secure Net Lease
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$240,000.00
$20,000.00/mo
Valuation Metrics
0
DSCR
4.75%
Cap Rate
4.75%
ROI
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Name
License
Title
Is there information that looks off?
