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Rare Sam's Club Asset- Trophy Dallas Area Sam's Club

140,883 SF Retail Building Dallas, TX 75228 $15,945,000 ($113/SF) 5% Cap Rate

Investment Highlights

  • Rare Sam’s Club STNL Asset - Proven Long Term Corp. Lease o Parent Co. Walmart (NYSE: WMT)
  • Dallas MSA is one of Fastest Growing Cities in the U.S. - Tax Free State o 24 Fortune 500 Companies
  • Strategically Positioned Long Term - Next to Walmart - Brand New Home Depot/H.E.B.
  • Irreplaceable Site just outside Downtown Dallas off Interstate 30 - Hyper Dense Commercial Area
  • Ranked in Top 5% Nationally for Stores (CreditIntel) - Under Market Rent - Limited LL Duties
  • One of the Best in Class Big Box Brands - Part of World’s Largest Company - #1 Fortune 500 (WMT)

Executive Summary

The Snyder Carlton National Net Lease Team is pleased to offer to qualified investors a rare opportunity to acquire a Sam’s Club located in Dallas, TX. The membership only warehouse club, is owned and operated by Walmart (NYSE: WMT) with over 10,500 stores and clubs in 19 countries, employs over 2.1 million associates worldwide, brings in over $648 billion in annual revenue and has been number one on the Fortune 500 list for the past 11 consecutive years.
Sam’s Club has operated successfully at this location for over 31 years and has eight 5-year option periods extending into 2073. With limited landlord responsibilities (roof, structure & parking lot) this asset is ideal for an investor seeking long term cash flows with minimal effort. The 140,883 SF members only warehouse is positioned on a 11.77-acre parcel at the intersection of Sammuel Blvd and Buckner Blvd which has a combined traffic count exceeding 49,400 VPD. Nearby retailers include Walmart Supercenter, CVS, Bank of America, Whataburger, Popeyes, Taco Bell, KFC and more.
With limited landlord responsibilities, a corporate lease from one of the largest companies in the world, and an investment grade credit rating (S&P: AA) this asset is ideal for an investor seeking passive cash flows for decades to come.

Property Facts

Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
140,883 SF
Building Class
B
Year Built
1991
Price
$15,945,000
Price Per SF
$113
Cap Rate
5%
NOI
$797,261
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
11.78 AC
Opportunity Zone
Yes
Zoning
RR, Dallas
Parking
659 Spaces (4.68 Spaces per 1,000 SF Leased)

Nearby Major Retailers

Wellls Fargo
Bank of America
La Michoacana Meat Market
Chase
PNC Bank
Planet Fitness
Denny's
Grandys Restaurant
Waffle House

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
008475000A02A0000
Land Assessment
$2,076,490
Improvements Assessment
$5,259,920
Total Assessment
$7,336,410
  • Listing ID: 33565509

  • Date on Market: 10/18/2024

  • Last Updated:

  • Address: Sam's Club, Dallas, TX 75228

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