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2374 E Austin St
Giddings, TX 78942
Walmart · Retail Property For Sale
PROPERTY FACTS
ABOUT 2374 E AUSTIN ST , GIDDINGS, TX 78942
JLL is pleased to offer for sale the fee-simple interest in a Walmart property (the “Property”, or “Asset”) located in Giddings, TX. The Property sits along Austin Street (21,000 VPD), a highly trafficked retail thoroughfare and a portion of US Highway 290, the primary highway connecting Austin and Houston. Walmart is operating on an absolute triple-net lease structure with more than four years of primary term remaining, absolutely zero landlord responsibilities, and two, five-year renewal options. Since opening at this location in 1984, Walmart has exercised several renewal options, reflecting its success and its long-term commitment to the Property. This offering presents the opportunity to acquire a property leased to an investment grade and industry leading retailer on a triple net lease structure with a 36-year operating history at this location.
PROPERTY TAXES
| Parcel Number | 22336 | Improvements Assessment | $1,852,970 |
| Land Assessment | $687,030 | Total Assessment | $2,540,000 |
PROPERTY TAXES
