New Murphy USA-20 Yr Ground Lease 1305 E 16th Ave 2,824 SF 4-Star Retail Building Cordele, GA 31015 $2,182,000 ($772.66/SF) 5.50% Cap Rate

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.