2901 Clairmont Rd - Freestanding FOR SALE


Atlanta, GA 30329
$12,900,000 USD
949-724-5552
2901 Clairmont Rd, Atlanta, GA for Sale
$12,900,000 USD
Freestanding - FOR SALE
1/8
null | 9.46% Cap Rate

2901 Clairmont Rd
Atlanta, GA 30329


HIGHLIGHTS

  • Absolute NNN Lease – Leasehold Interest - 100% Depreciable Asset
  • Corporate Guarantee from WAL-MART STORES, Inc. (NYSE: WMT) o $649 Billion Market Cap
  • Investment Grade Credit Rating – S&P AA (Moody’s: Aa2)
  • Over 25 Years of Successful Occupancy – Six 5-Year Option Periods extending into 2055
  • Minimal Landlord Responsibilities – Landlord Only Responsible for Ground Lease Rent
  • Sam’s Club Fuel Station, New Sushi Bar Renovation in 2024, and Auto-Center on Large 23.76 Acre Parcel

OVERVIEW

The Snyder Carlton National Net Lease Team is pleased to offer to qualified investors a rare opportunity to acquire a Sam’s Club (Leasehold Interest) – 100% depreciable asset, located in Atlanta, GA. The lease is guaranteed by Walmart Stores, Inc. (NYSE: WMT) and has an investment grade rating (S&P: AA). Over 10,500 stores and clubs in 19 countries, employs over 2.1 million associates worldwide, 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 25 years and has six 5-year option periods extending into 2055 which are automatically exercised unless tenant gives notice. Ideal for a passive investor, the landlord has no maintenance duties and is only responsible for the ground lease rent ($19,633/Year) which has options extending into 2055.

FOR SALE DETAILS

PRICE

$12,900,000 USD

PRICE/SF

$100 USD /SF

CAP RATE

9.46%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sam's Club - Leasehold Investment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

510

LAND DETAILS

LAND ACRES

22.1 AC

LAND SF

962,676 SF

ZONING

MU-BC

APN/PARCEL ID

18-196-02-016

ASK ABOUT THIS PROPERTY

Jereme SnyderColliersMore Info
949-724-5552

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Jereme SnyderColliersMore Info
949-724-5552

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.