Sam's Club
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
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