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Walmart Market
Hinesville, GA 31313
True NNN- Gas & Drive Thru Pharmacy · Retail Property For Sale
PROPERTY FACTS
- Freestanding
- General Retail Supermarket
- 546 FT on W Oglethorpe Hwy
- 434 FT on Topi Trail
About Walmart Market , Hinesville, GA 31313
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 original 15-year primary term expires in September 2030 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. Positioned just South of major anchor retailers such as Walmart Supercenter, Lowe’s, Tractor Supply Co, and many more national retailers, this location is strategically placed to serve Southeastern Hinesville’s grocery needs as their is not another grocer within 2.5+ miles of the subject property. 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), with 10 years remaining, providing a dependable income stream backed by one of the strongest corporate credit companies in the world.
PROPERTY TAXES
Parcel Number | 061A-031 | Improvements Assessment | $1,777,751 |
Land Assessment | $421,600 | Total Assessment | $2,199,351 |
PROPERTY TAXES
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Listing ID: 14022176
Date on Market: 10/9/2018
Last Updated:
Address: Walmart Market, Hinesville, GA 31313
The Retail Property at Walmart Market, Hinesville, GA 31313 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.