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20417434
20417435

5555 S Buckner Blvd, Dallas, TX 75228

JS
CA 01360233
Colliers - Los Angeles - Orange County, California
EC
CA 01809955, NV S0172067 (+4)
Colliers - Los Angeles - Orange County, California
Colliers - Los Angeles - Orange County, California
Listed by Colliers - Los Angeles - Orange County, California
$15,945,000
601 days on market
Updated 9 days ago
Opportunity zone

Sam's Club

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 140,883
Cap Rate 5%
NOI $797,261
Tenancy Single
Brand/Tenant Sam's Club
Lease Type Net
Lease Term 40.1
Lease Expiration 07/31/2033
Remaining Term 7.1
Acreage 11.770
Investment Type Net Lease
Lease Commencement 06/29/1993

Sam's Club | Single Tenant Net Lease | Irreplaceable Infill Site

Marketing description

The Snyder Carlton National Net Lease Team is pleased to offer to qualified investors a rare opportunity to acquire a Sam’s Club located in Dallas, TX. The membership only warehouse club, is owned and operated by Walmart (NYSE: WMT) with over 10,500 stores and clubs in 19 countries, employs over 2.1 million associates worldwide, brings in over $648 billion in annual revenue and has been number one on the Fortune 500 list for the past 11 consecutive years.

Sam’s Club has operated successfully at this location for over 31 years and has eight 5-year option periods extending into 2073. With limited landlord responsibilities (roof, structure & parking lot) this asset is ideal for an investor seeking long term cash flows with minimal effort. The 140,883 SF members only warehouse is positioned on a 11.77-acre parcel at the intersection of Sammuel Blvd and Buckner Blvd which has a combined traffic count exceeding 49,400 VPD. Nearby retailers include Walmart Supercenter, CVS, Bank of America, Whataburger, Popeyes, Taco Bell, KFC and more.

With limited landlord responsibilities, a corporate lease from one of the largest companies in the world, and an investment grade credit rating (S&P: AA) this asset is ideal for an investor seeking passive cash flows for decades to come.

Investment highlights

  • Rare Sam’s Club STNL Asset - Proven Long Term Corp. Lease

    • Parent Co. Walmart (NYSE: WMT)

  • Irreplaceable Site just outside Downtown Dallas off Interstate 30

    • Hyper Dense Commercial Area

  • Dallas MSA is one of Fastest Growing Cities in the U.S. - Tax Free State

    • 24 Fortune 500 Companies

  • Ranked in Top 5% Nationally for Stores (CreditIntel) - Under Market Rent

    • Limited LL Duties

  • Strategically Positioned Long Term - Next to Walmart - Brand New Home Depot/H.E.B.

  • One of the Best in Class Big Box Brands - Part of World’s Largest Company

    • #1 Fortune 500 (WMT)

  • Generational Retail Asset - Large 11.77 Acre Parcel - Over 197K CPD with Excellent Visibility

Listing Contacts

JS
CA 01360233
Colliers - Los Angeles - Orange County, California
EC
CA 01809955, NV S0172067 (+4)
Colliers - Los Angeles - Orange County, California
Colliers - Los Angeles - Orange County, California
Listed by Colliers - Los Angeles - Orange County, California

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$797,261.00
$66,438.42/mo

Valuation Metrics

0
DSCR
5%
Cap Rate
5%
ROI

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Additional Information

Name
Daniel Taylor
License
TX 522575
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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