10575 S Us Highway 1 · Port Saint Lucie, FL 34952 · Convenience / Fuel
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Murphy USA (NYSE: MUSA) – Fortune 500 fuel and convenience retailer with 1,700+ U.S. stores and $21B in 2024 revenue.
20-year absolute NNN lease – Tenant covers all expenses and maintenance; up to 40-year term offers hands-free, long-term stability for investors.
8% rent increases every 5 years – Delivers growing income, higher ROI, and inflation protection for investors.
Prime Port St. Lucie site – Signalized hard corner on US Hwy 1 with 94K VPD and strong 5-mile demographics (135K+ population, $95K+ income).
Port St. Lucie, FL – Fast-growing coastal city between Miami and Orlando, known for safety, recreation, and NY Mets spring training.
Brand-new prototype store – Modern construction with no deferred maintenance, maximizing sales and real estate value. 12 Fuel Pumps
Faris Lee Investments is pleased to present an opportunity to acquire a single-tenant retail property leased to Murphy USA in the affluent and growing market of Port St. Lucie, FL. This property is under construction and projected to open in November, 2025. It features a corporate-executed, long-term absolute triple-net (NNN) ground lease with Murphy USA, Inc. (NYSE: MUSA), a publicly traded, Fortune 500 company with a strong S&P credit rating of BB+. Murphy USA built and paid for the construction of the building and premises and is directly responsible for all repairs and maintenance, including the building, roof, parking lot, and landscaping, as well as directly paying property taxes, utilities, and insurance. The ground lease structure includes four (4), (5 year) renewal options, providing a potential total lease term of forty (40) years. Furthermore, the ground lease features scheduled rental increases of 8% every five years, ensuring a growing income stream and a hedge against inflation for the investor.
Murphy USA is a leading operator of retail gas stations and convenience stores, boasting over 1,750 locations across 27 states under the recognized brands Murphy USA, Murphy Express, and QuickChek. Ranked #231 on the 2025 Fortune 500 list, the company generated over $20.2 billion in revenue in 2024, demonstrating significant financial strength and market presence since its inception in 1996. This property represents brand new, prototypical construction, eliminating concerns of deferred maintenance and featuring the latest store layout designed to maximize sales volume. The new roof, structure, parking lot, and improvements contribute significant intrinsic real estate value.
Strategically positioned at a signalized intersection on US Highway 1 in Port St. Lucie—Florida’s 7th most populous city—the property offers outstanding visibility and access. The site is exposed to high daily traffic counts of 56,100 vehicles on US Highway 1 and 38,300 on SE Port St. Lucie Boulevard and benefits from dense demographics with over 135,000 residents within a five-mile radius. Embedded in a market renowned for its rapid growth, family-oriented master-planned communities, and exceptional public safety, the property is perfectly positioned on the city’s primary retail corridor to serve this expanding community.
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Asking-market observation aggregated from public listing sources, last observed Sep 4, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.