Sam's Club - Freestanding FOR SALE


Dallas, TX 75228
$15,945,000 USD
949-903-3399
Sam's Club, Dallas, TX for Sale
$15,945,000 USD
Freestanding - FOR SALE
1/6
null | 5% Cap Rate

Sam's Club
Dallas, TX 75228


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$15,945,000 USD

PRICE/SF

$113 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rare Sam's Club Asset- Trophy Dallas Area

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Fast Food, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

659

LAND DETAILS

LAND ACRES

11.78 AC

LAND SF

513,006 SF

ZONING

RR, Dallas

APN/PARCEL ID

008475000A02A0000

ASK ABOUT THIS PROPERTY

Eric CarltonColliersMore Info
949-903-3399

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

Eric CarltonColliersMore Info
949-903-3399

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