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- LoopNet Team
Walmart Market
Shreveport, LA 71106
True NNN- Rent Bumps- Parent Guarantee · Retail Property For Sale
Investment Highlights
- Newer 15 Yr. Absolute NNN Lease by Walmart Stores, Inc. (NYSE: WMT) - RARE Parent Co. Guarantee
- 90% of All Americans Live within 10 Miles of a Walmart Store- Tremendous Retail Trade Area Draw
- Rent Bumps Every 5 Yrs. in Primary Term/Options- Low Rent PSF- Strong Real Estate Fundamentals
- Modern Prototype Layout (Gas & Drive-Thru Pharmacy) - Huge Traffic Generator- Profitable Venture
- Dense Residential Location just off Interstate 49- Near Shreveport Airport and LSU Shreveport Campus
- 3rd Largest City in State- Ranked #133 in the U.S.- #18 among “Best Opportunity Cities” Forbes Magazine
PROPERTY FACTS
- Freestanding
- General Retail Drugstore
- General Retail Supermarket
Amenities
- Corner Lot
- Signage
About Walmart Market , Shreveport, LA 71106
We are pleased to offer to qualified investors an opportunity to purchase a single tenant retail asset on a NNN lease that is 100% occupied by Walmart Neighborhood Market and backed by a full corporate guarantee from Walmart Stores Inc (Parent Company). The 15-year primary term expires in January 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 a 41,921 square foot building on approximately 6.67 acres of land. Strategically located along West Bert Industrial Loop, the site is located just off Interstate 49 and is surrounded by multiple national retailers such as Brookshire’s, McDonald’s, Starbucks, The Home Depot, Audi Shreveport, Harbor Freight and more.
PROPERTY TAXES
Parcel Number | 161402-042-0001-00 | Improvements Assessment | $680,496 |
Land Assessment | $111,789 | Total Assessment | $792,285 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 17101473
Date on Market: 9/4/2019
Last Updated:
Address: Walmart Market, Shreveport, LA 71106
The Retail Property at Walmart Market, Shreveport, LA 71106 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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