Walmart
Hinesville, GA 31313
True NNN- Drivethru & Gas- Parent Guarantee · Retail Property For Sale

Walmart Market- True NNN- #1 Retailer in the World RARE PARENT GUARANTEE! BRAND NEW! We are pleased to offer a single tenant retail asset- true NNN lease 100% leased to Walmart Neighborhood Market and backed by a full corporate guarantee from Walmart Stores Inc (Parent Company). The new 15 year primary term expires in February 2031 and includes 17-5 year option periods. During the primary term, there are 3% rental escalations every 5 years, followed by 5% rental escalations every 5 years during the option periods. 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 5.80 acres of land.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. 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 $469B in total revenues and over 11,500 stores across 28 countries.