New Murphy USA-20 Yr Ground Lease

Highlights:

• Murphy USA(NYSE:MUSA)– BB+ S&P rated Fortune 500 company w/ 1740+ location and $20.2B in 2024 revenue, operating brands like Murphy Express & Quickchek
• 20-Year Primary Lease recently executed by Murphy USA, with four 5-year renewal options, offering up to 40 years of potential term for long-term
• Absolute NNN Ground Lease – Tenant handles all expenses and property operations, offering zero landlord responsibilities and ideal passive investment.
• Built-in 8% Rent Increases Every 5 Years, ensuring growing cash flow and a strong hedge against inflation throughout the lease term
• Brand New Construction with latest prototype layout, no deferred maintenance, and upgraded features that boost sales and intrinsic property value
• High-Traffic Retail Location on Hwy 280 in front of a high-volume Walmart (1.9M+ annual visits), near I-75, offering strong visibility and consistent

Description:

GEORGIA BROKER OF RECORD ... THE TRILOGY GROUP ... License No. 10801
Faris Lee Investments is pleased to present an exceptional opportunity to acquire a newly
constructed, single-tenant retail pad building fully leased to Murphy USA in Cordele, GA.
This property features a corporate-executed, long-term lease with Murphy USA, Inc. (NYSE:
MUSA), a publicly traded, Fortune 500 company with a strong S&P credit rating of BB+.
The investment benefits from a newly executed 20-year absolute triple-net (NNN) ground
lease, offering true passive ownership with zero landlord responsibilities. The tenant 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
lease structure includes four (4), five (5) year renewal options, providing a potential total
lease term of forty (40) years. Furthermore, the 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 1,740 locations across 27 states under the recognized brands Murphy USA, Murphy
Express, and QuikChek. Ranked 214 on the 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 1966. 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 as a freestanding outparcel to a high-volume Walmart Supercenter
(attracting over 1.9 million annual visits), the property boasts excellent visibility and access
along Highway 280 (15,000 VPD). It benefits from close proximity to Interstate 75 (over
50,000 VPD), a major freeway connecting Georgia with Florida. Located within Cordele’s
high-traffic retail corridor, the site experiences consistent customer traffic, further enhanced
by its synergy with the adjacent Walmart anchor.
This offering provides an outstanding opportunity to acquire a newly constructed, absolute
NNN ground-leased asset with a strong corporate guarantee from a Fortune 500 tenant.
The combination of a long-term lease, scheduled rent growth, zero landlord responsibilities,
and a strategic high-traffic location makes this an ideal investment for passive and out-of-state
investors seeking long-term security and stable returns.

Cordele, Georgia, known as the “Watermelon Capital of the World,” is a charming city in Crisp County in south-central Georgia. Located along Interstate 75, it serves as a convenient stop for travelers between Atlanta and Florida. Cordele has a rich agricultural heritage, with watermelon farming being a key aspect of its identity, celebrated annually during the Cordele Watermelon Festival. The city’s climate, with hot summers and mild winters, supports a variety of crops and provides a welcoming environment for outdoor activities year-round.
The city has a historic charm that blends seamlessly with its modern amenities. Downtown Cordele features quaint shops, local eateries, and historic buildings that reflect its Southern roots. Key attractions include the SAM Short-line Excursion Train, which offers scenic rides through Georgia’s countryside, and Lake Blackshear, a popular spot for fishing, boating, and camping, located just west of the city. Cordele is also home to the Georgia Veterans State Park, honoring military history while providing recreational opportunities.
Cordele’s community is tight-knit, with a population of around 11,000 people who enjoy a slower pace of life. The city’s location makes it a hub for regional commerce, and its proximity to major highways supports local businesses. Cordele boasts a family-friendly atmosphere with a focus on education, hosting Crisp County Schools and access to nearby institutions of higher learning. It offers a blend of rural charm and accessibility, making it an appealing place for both residents and visitors.