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Walmart Market
Hinesville, GA 31313

True NNN- Gas & Drive Thru Pharmacy · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
45,572 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
5.32 AC
Zoning
R1 - Small scale retail/ freestanding
Parking
112 Spaces
Frontage
546 FT on W Oglethorpe Hwy

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

PROPERTY TAXES

Parcel Number
061A-031
Land Assessment
$421,600
Improvements Assessment
$1,777,751
Total Assessment
$2,199,351
  • Listing ID: 14022176

  • Date on Market: 10/9/2018

  • Last Updated:

  • Address: Walmart Market, Hinesville, GA 31313

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