Walmart Super Center @ World Golf Village
Brand-New 20-Year Absolute NNN Ground Lease
Marketing description
CBRE is pleased to present the exclusive listing for this Brand-New Walmart Supercenter property located at the new World Commerce Center in St. Augustine, Florida. The property is in St. Johns County — one of the fastest growing markets in the country and this site is located directly in the strongest and fastest growing retail nodes in the county. It’s positioned directly on International Golf Parkway, the market’s primary interstate interchange arterial.
This is a 20-year ground lease guaranteed by Walmart, Inc., which boasts one of the strongest credit ratings possible — S&P Rating of ‘AA’ providing one of the most secure investments available in the market today. The ground lease structure provides for truly hands off ownership with no landlord management obligations.
Investment highlights
- Brand New 20–Year Lease with Walmart
- Walmart is investment grade credit boasting one of the strongest credit ratings available — S&P Rating of ‘AA’
- Absolute NNN Ground Lease — No landlord management obligations
- Walmart is the most sought-after big box retailer by 1031 exchange buyers in the country
- St. Johns county is among one of the fastest growing markets in the country and this site is located directly in the strongest and fastest growing retail nodes in the county
- Part of the affluent World Golf Village corridor — The fastest growing suburban zone in St. Johns County
- Tremendous visibility directly on International Golf Parkway — the market’s primary interstate interchange arterials
- Florida has NO STATE INCOME TAX
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
