2750 Highway 28 E
Pineville, LA 71360
Wal-Mart Neighborhood Market · Retail Property For Sale

Walmart Market- True NNN- RARE Parent Guarantee RARE PARENT GUARANTEE! We are pleased to offer to qualified investors an opportunity to purchase a single tenant retail asset on a NNN lease that is 100% leased to Walmart Neighborhood Market and backed by a full corporate guarantee from Walmart Stores Inc (Parent Company). The newer 20 year primary term expires in February 2035 and includes 4-5 year option periods. There are 10% rental escalations in the first 2 Options, followed by 5% rental escalations every 5 years thereafter. This is a fee simple (land and building) asset that includes the newest Walmart Neighborhood Market building prototype; the building is comprised of 41,117 square feet on approximately 4.94 acres of land. Strategically located along Hwy 28 at the intersection of Pinegrove Dr. in the growing community. Walmart Neighborhood Market is Walmart's smaller grocery concept with was launched in 1998 and provides customers a more convenient shopping experience than a typical Walmart Supercenter. GAS STATION & DRIVE THRU PHARMACY! Walmart aims to have approximately 500 operating WNM's by early 2016. Walmart is the world's biggest retailer and also the largest employer with over 2.2 million employees, with 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. This is an excellent opportunity to buy an extremely low risk, stable retail asset that requires zero landlord management, includes fixed rental escalations (many Walmart stores have zero rental increases), and a 20 year NNN lease, thereby providing a dependable income stream backed by one of the strongest corporate credit companies in the world.