This Retail Property is no longer advertised on LoopNet.com.

Walmart
Hinesville, GA 31313

True NNN- Drivethru & Gas- Parent Guarantee · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
41,117 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
5.87 AC
Zoning
C2

ABOUT WALMART , HINESVILLE, GA 31313

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.

PROPERTY TAXES

  • Listing ID: 8743940

  • Date on Market: 8/18/2017

  • Last Updated:

  • Address: Walmart, Hinesville, GA 31313