•	Tenant recently signed a brand new 20-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site
•	Murphy Oil USA, Inc. is a publicly traded company (NYSE: MUSA) with a
$6.7B market cap
•	Murphy is a leading retailer of gasoline and convenience store products with nearly 1,650 stores and serving approximately 2 million customers per day
•	The lease features 8% rental increases every 5 years beginning in lease year 11 and throughout options to extend, generating NOI and hedging against inflation
•	This Murphy location is the highest volume of gas in the state of Florida
•	500,000 gallons of gas sold per month (6 million annually)
•	Tenant pays for CAM, taxes, insurance and maintains all aspects of the premises
•	No landlord responsibilities
•	Ideal, management-free investment for a passive investor in a state with no state income tax

Offering Memorandum

Confidentiality Agreement

•	Murphy Express is strategically located at the signalized, hard corner intersection of Superior Street and NW 27th Avenue/State Road 9
•	State Road 9 merges with I-95, the most dominant Interstate Highway along the East Coast (234,000 VPD)
•	Subject property is positioned 1.4 miles West of Amazon Mega Warehouse, a 850k+ SF warehouse dedicated to Amazon
•	Also positioned near the Miami-Opa-Locka Executive Airport, the primary executive airport serving the greater Miami area
•	Brand new construction that includes high quality materials, distinct design elements, and state-of-the-art store features
•	The asset benefits from three full access points via Opa-Locka Boulevard, Superior Street, and NW 27th Avenue/State Road 9
•	Multiple points of access and significant street frontage provides ease and convenience for customers
•	More than 545,000 residents and 167,000 employees support the trade area
•	Features an average household income of $56,553

Miami (Opa-Locka), FL - Murphy Oil

Miami (Opa-Locka) FL - Murphy USA - OM.jpg

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<p>Ivy Kwon joined SRS Real Estate Partners in 2017 and is a Senior Marketing Associate in the Newport Beach office. Ivy is responsible for online marketing including social media and email marketing for SRS’ Capital Markets team. She also oversees pipeline management and coordinates events. Before joining SRS, Ivy worked in the entertainment industry doing marketing and merchandising. </p><p>Ivy has a BA degree from Chapman University. </p>

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Miami (Opa-Locka), FL - Murphy Oil

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Patrick Nutt

William Wamble