Walmart Neighborhood Market
Retail | 6.00% CAP | 41,117 SF
Marketing description
We are pleased to offer to qualified investors an opportunity to purchase a single tenant net lease retail asset 100% occupied by Walmart Neighborhood Market and backed by a full corporate guaranty from Walmart Stores Inc. (Parent Company). This offering provides over 11 lease years remaining on a 20-year primary term that includes 4 – 5 year option periods. This is a fee simple (land and building) asset that comprises a 41,117 square feet building on approximately 5.47 acres of land. Strategically located at the intersection of Jackson St and Belleau Wood Blvd, the subject property sits next to Alexandria Senior High School and near major national retailers such as Kroger, Chick-fil-A, Harbor Freight, Walgreens, Chase Bank, CVS and more. This is an excellent opportunity to acquire the nation’s #1 grocer backed by a full corporate guaranty with over 11 lease years remaining and 4 – 5 year options.
Investment highlights
- Rated “AA” by Standard & Poor; Rated Aa2 by Moody’s - Highly Stable
- Walmart - #1 Grocer in the United States & #1 Retailer in the United States
- Over 11 Lease Years Remaining with 4 - 5 Year Option Periods
- Net Lease – Minimal Landlord Obligations
- Walmart Stores Inc - Parent Company Guarantee - Investment Grade
- Recently Constructed Building (2015) – Approx.. 5.47 Acres of Land
- Alexandria, LA – Next to Alexandria Senior High School (1,483 Students)
- Close Proximity to Kroger, Chick-fil-A, Harbor Freight, Walgreens, Chase Bank, CVS and More
- Over 53,726 Residents within a 5-Mile Radius
- Average Household Income of $118,875 within a 1-Mile Radius
- Walmart Neighborhood Market – Corporate Guaranteed – Wal-Mart Stores, Inc.
- Proven Long-Term NNN Leases by Walmart Stores, Inc. (NYSE: WMT)
- RARE Parent Guarantee
- Modern Prototype Layout (Gas & Drive-Thru Pharmacy)
- Huge Traffic Generator/Dominates Market
- High-Profile Infill Sites - Affluent Suburban Communities
- Main Retail Corridor - Dense Residential
- Rent Bumps Every 5 Yrs in Primary Term/Options - Low Rent PSF
- Strong Real Estate Fundamentals
- Best-in-Class Brand - Top Retailer in the World with International Name Recognition
- Modern Prototype
- Tremendous Growth for Market Platform - High Sales Track Record
- Smaller Footprint - Grocery Leader!
- World’s Largest Company by Revenues - #1 Fortune 500 List for 2024
- Market Cap over $685B+
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