This Retail Property is Off-Market.

3812 Liberty Highway
Anderson, SC 29621 ·

191,976 SF · Retail For Sale

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Walmart Supercenter

Price N/A Cap Rate 5.60%
Building Size 191,976 SF Tenancy Single
Property Type Retail Year Built 1993
Property Sub-type Retail (Other) Lot Size 20.01 AC
Property Use Type Net Lease Investment with 10+ years left on lease
Listing ID: 18215334 Date Created: 06/12/2013 Last Updated: 08/15/2013

Description

The property for sale is a fully expanded and remodeled, 191,976 square foot Walmart Supercenter in Anderson, South Carolina. The property is situated on 20.01 acres on Liberty Highway, just off of Route 76, the area' s main retail corridor through Anderson. Walmart signed the original lease on October 8, 1992 and in December of 2012 elected to extend the lease until October 12, 2026. The lease includes (1) seven year option and (5) five year options. The property was expanded to a Walmart Supercenter in 1997 and was remodeled in 2003 and again in 2008, signifying the tenant' s long-term commitment to this location.

The property is located within the Northtowne Corners Development, which includes Sam' s Club, SunTrust Bank and a retail strip center tenanted by Sally Beauty, GameStop and Cato, a women' s clothing and accessories store. Adjacent to Liberty Highway is Clemson Boulevard, which has a strong representation of national tenants including: Kohl' s, Staples, Dick' s Sporting Goods, Target, Best Buy, Lowe' s, AT&T, Ulta, TJ Max, Home Depot, Five Guys Burgers and Fries, Peoples Bank, BigK Mart, Publix, Shell, Chili' s, Longhorn Steakhouse, Chick-fil-A, Payless, Tractor Supply Co., Radio Shack, Chipotle, Starbucks, Golden Corral, Verizon Wireless, Hardee' s, Advanced Auto Parts, Holiday Inn, Applebee' s, Aldi, Old Navy, Jack in the Box, Olive Garden, Sears, Dillard' s, McDonald' s, and IHOP.

Highlights

  • Rare Offering - Walmart Supercenter - Absolute NNN - Zero Landlord Responsibilities
  • Walmart Elected To Extend The Original Lease Until October 12, 2026
  • Low Rent Per Square Foot - $3.37 Per Square Foot
  • 13+ Lease Years Remaining On The Current Lease With (1) Seven Year And (5) Five Year Option
  • Fully Expanded Store In 1997 And Remodeled In 2003 And 2008
  • Highly Visible Location Along Liberty Highway With Easy Access To Route 76

Research

3812 Liberty Highway, Anderson, SC 29621 (Anderson County)

Property Record Data - Historical Listings, current tax, mortgage, owners & tenant info for this property

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