Portfolio of properties for Sale - Myrtle Grove/Bellview

1. Locations can also be purchased individually. 2. Total term remaining assumes all remaining options are exercised.

Date on Market:

2026-06-15

Pensacola Retail for Sale - West Pensacola

Florida Broker of Record: Scott Ayres DeYoung / FL BK 3421401 Faris Lee Investments is pleased to present an opportunity to acquire a single-tenant retail property leased to Murphy USA in the coastal market of Pensacola, Florida. The property features a corporate-executed, long-term absolute triple-net (NNN) lease with Murphy USA (NYSE: MUSA), a publicly traded, Fortune 500 company ranked #214 on the 2025 list. The absolute NNN structure ensures zero investor responsibilities, as the tenant is directly responsible for all repairs and maintenance, including the building, roof, parking lot, and landscaping—as well as property taxes, utilities, and insurance. The lease includes a new twenty (20) year primary term with four (4), five (5) year renewal options, providing a potential total 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 1,700 locations across 27 states under the recognized brands Murphy USA, Murphy Express, and QuickChek. The company generated over $19.38 billion in revenue for fiscal year 2025, demonstrating significant financial strength and a market presence dating back to 1966. This property represents brand-new, prototypical construction featuring a 2,824 SF convenience store and 16 fueling positions across 8 multi-product dispensers. This latest prototype is specifically designed to maximize sales volume and customer throughput. The new roof, structure, parking lot, and improvements eliminate concerns of deferred maintenance while providing significant intrinsic real estate value. Strategically positioned at a high-profile signalized intersection along W. Fairfield Drive and North W Street, the property offers outstanding visibility and a combined traffic count of approximately 65,000 vehicles per day. The location benefits from dense demographics, with a population exceeding 153,181 people and an average household income of over $87,000 within a five-mile radius. As a historic coastal hub with a vibrant military presence and an MSA population exceeding 400,000, Pensacola is a community strategically located between Mobile and Tallahassee. This free-standing hard corner location is perfectly positioned within a primary retail corridor to serve this coastal community and capitalize on the consistent customer traffic at the intersection.

Property Subtype:

Service Station

Date on Market:

2026-05-13

Pensacola Retail for Sale - Central Pensacola/S Brent

Property Subtype:

Auto Repair

Date on Market:

2026-05-06

Loxley Retail for Sale - Baldwin County

This offering presents a rare opportunity to acquire a brand-new, 2026 construction asset featuring a 20-year absolute NNN ground lease, providing a truly passive investment with zero landlord responsibilities. The property is backed by an investment-grade, corporate-guaranteed lease from Wawa, a nationally recognized operator with over 1,150 locations and a strong BBB credit rating, ensuring long-term income stability and minimal risk. Strategically positioned along Highway 59 near I-10 in Loxley, Alabama, the site benefits from prime visibility at a signalized intersection within a rapidly expanding Gulf Coast trade area. Baldwin County continues to experience significant population and economic growth, driven by major industrial developments and new retail expansions, supporting strong consumer demand. With proximity to Mobile and Pensacola and continued tourism and residential growth, this location is well-positioned for sustained long-term performance and appreciation.

Property Subtype:

Service Station

Date on Market:

2026-04-13

Pensacola Retail for Sale - Ensley/N Brent

This investment features a brand-new 20-year absolute NNN lease, offering stable, passive income with no landlord responsibilities. The property is in an irreplaceable location along US-29 between US-90 and I-10, with 42,000+ vehicles per day and a newly renovated Midas building built for long-term occupancy. It sits across from a 220,000 SF Walmart Supercenter in the US-29 retail corridor, surrounded by major national anchors and complementary auto service tenants. The tenant, Legacy Auto Group, a fast-growing automotive franchise with 36 locations across 11 states, brings strong operational stability and a customer-first, high-volume sales model.

Property Subtype:

Auto Repair

Date on Market:

2026-03-16

Pace Office for Sale - Gonzalez/SW Santa Rosa

For Sale Properties (cannot be separated): 4487, 4489, 4491 Woodbine Rd Current Tenant may be open to vacating some or all for an Owner Occupant. Owners are flexible and can have some flexibility in deal structure.

Date on Market:

2026-02-27

Pensacola Retail for Sale - Myrtle Grove/Bellview

The tenant just recently signed a brand new 15-year lease with 10 (5-year) options to extend, demonstrating their commitment to the site. The lease features 8% rental increases every 5 years during the initial term and at the beginning of each option, growing NOI and hedging against inflation. The newly constructed site will feature a state-of-the-art design with high-quality materials.

Property Subtype:

Fast Food

Date on Market:

2026-02-04

Pensacola Retail for Sale - Myrtle Grove/Bellview

• Chipotle recently signed a brand new 15-year lease with 4 (5-year) options to extend • The lease is corporate guaranteed by Chipotle Mexican Grill, Inc., a publicly traded (NYSE: CMG) and nationally recognized tenant with over 3,800 locations • 10% rental increases every 5 years throughout the initial term and at the beginning of each option period

Property Subtype:

Restaurant

Date on Market:

2026-01-20