• Broker Eric Carlton 9499033399
  • Broker Jereme Snyder 9497245552
  • Broker Joseph Montgomery 7707895514

Best in Class Retailer- includes Gas/Pharmacy Walmart Market 41,117 SF Retail Building Waycross, GA 31501 $10,327,783 ($251.18/SF) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Walmart Neighborhood Market – Corporate Guaranteed – Wal-Mart Stores, Inc.
  • NNN Lease – Zero Landlord Obligations - Coupon Clipper Asset
  • Rated “AA” by Standard & Poor; Rated Aa2 by Moody’s - Highly Stable
  • Over 6 Lease Years Remaining with 17 - 5 Year Option Periods
  • Walmart Stores Inc - Parent Company Guarantee - Investment Grade

EXECUTIVE SUMMARY

We are pleased to offer to qualified investors an opportunity to purchase one 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). This offering provides over 6 lease years remaining on a 15 year primary term that 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 comprises of 41,117 square feet building on approximately 5.28 acres of land. Strategically located along Plant Ave (Route 84) – one of the areas primary trade corridors – the subject property benefits from convenient ingress/egress, excellent street visibility and ample parking. This is an excellent opportunity to acquire the nation’s #1 grocer backed by a corporate guarantee (Wal-Mart Stores, Inc.) with zero landlord management responsibilities and over 6 lease years remaining on the base term.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
  • Supermarket
  • General Retail Convenience Store
  • General Retail Fast Food
  • General Retail Supermarket
Supermarket
Building Size
41,117 SF
Building Class
B
Year Built
2016
Price
$10,327,783
Price Per SF
$251.18
Cap Rate
6%
NOI
$619,667
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
5.31 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
002 - General Commercial
Parking
167 Spaces (4.06 Spaces per 1,000 SF Leased)
Frontage
562’ on Plant Avenue

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • -
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Neighborhood Markets offer a convenient shopping experience for customers who need groceries, pharmaceuticals and general merchandise. Generally, they are located in markets with Wal-Mart Supercenters, supplementing a strong food distribution network and providing added convenience while maintaining Wal-Mart’s Every Day Low Prices. First opened in 1998 Neighborhood Markets, averaging 42,000 square feet, feature a wide variety of products, including fresh produce, deli foods, fresh meat and dairy items, health and beauty aids, one-hour photo and traditional photo developing services, drive-through pharmacies, stationery and paper goods, pet supplies, and household chemicals.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer - $9.99 Lorem Ipsum Jan 0000

TRAFFIC

COLLECTION STREET CROSS STREET TRAFFIC VOLUME YEAR Distance
Plant Avenue Mc Quaig St, SW 14,835 2025 0.07 mi
Darling Avenue Plant Ave, SE 1,814 2025 0.15 mi
Alice Street Uvalda St, SW 2,577 2025 0.21 mi
Alice Street Zachry St, NE 3,717 2024 0.21 mi
Riverside Drive Church St, SE 7,618 2025 0.26 mi
Ava Street Oxford St, SE 7,860 2021 0.28 mi
Ava Street Franklin St, NW 7,317 2025 0.28 mi
Alice St Zachry St, NE 3,585 2025 0.29 mi
Ava St College St, NW 10,248 2025 0.31 mi
Screven Avenue Quarterman St, NW 837 2025 0.34 mi

NEARBY MAJOR RETAILERS

The YMCA
Food Lion
United Community Bank
Heritage Bank
Rent-A-Center
Huddle House
Kroger
Starbucks
Ellianos Coffee
CrossFit

PROPERTY TAXES

Parcel Number WA1601-032 Improvements Assessment $1,480,445
Land Assessment $155,836 Total Assessment $1,636,281

MAP

ADDITIONAL PHOTOS

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  • Listing ID: 26612427

  • Date on Market: 9/12/2022

  • Last Updated: 5/26/2025

  • Address: Walmart Market, Waycross, GA 31501

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