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Walmart Neighborhood Market

Columbus, GA

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Price$14,120,356
Rentable Square Feet41,117SF
Cap Rate5.05%
Land Area9.64 Acres
NOI$713,078
Lease TypeNNN
Lease Term Remaining14 Years
Landlord ResponsibilitiesNone
Rent CommencementMarch 25, 2016
Tenant NameWalmart Neighborhood Market
Lease ExpirationMarch 25, 2031
Ownership TypeFee Simple
Increases3% every 5 years during base term & 5% each option
GuarantorWalmart Stores Inc
Options17 - 5 year options
Credit RatingAA by S&P & Aa2 by Moody's - Investment Grade

Columbus, GA

Single Tenant NNN Lease retail asset that is backed by a full corporate guarantee from Walmart Stores Inc (Parent Company). Walmart Neighborhood Market is Walmart’s smaller grocery concept which was launched in 1998 and provides customers a more convenient shopping experience than a typical Walmart Supercenter. ¬†Walmart is the world’s largest retailer and also the largest employer with over 2.2 million employees, over $469 Billion in total revenues and over 11,000 stores across 27 countries. ¬†Walmart was ranked #1 in Fortune 500 and is known as the king of retailing.

Property Documents

  • Walmart Market PACKAGE- Columbus GA- Colliers NNN Group

Contact info

Eric Carlton
Listed by
Eric Carlton
(949) 724-5561
eric.carlton@colliers.com
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