Walmart Market - Freestanding FOR SALE


Alexandria, LA 71303
$9,503,350 USD
949-903-3399
Walmart Market, Alexandria, LA for Sale
$9,503,350 USD
Freestanding - FOR SALE
1/6
null | 6% Cap Rate

Walmart Market
Alexandria, LA 71303


HIGHLIGHTS

  • Walmart Neighborhood Market – Corporate Guaranteed – Wal-Mart Stores, Inc.
  • 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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$9,503,350 USD

PRICE/SF

$231 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Best in Class Retailer- Long Term Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Drug Store, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.47 AC

LAND SF

238,273 SF

ZONING

-

APN/PARCEL ID

1011459050

ASK ABOUT THIS PROPERTY

Eric CarltonColliersMore Info
949-903-3399

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Eric CarltonColliersMore Info
949-903-3399

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