Walmart Neighborhood Market

408 Tiny Town Rd. Clarksville, TN 37042

  • 41,921 Square Feet
  • Retail
  • For Sale

Summary Description

We are pleased to offer an opportunity to purchase one a single tenant retail asset on an absolute NNN lease that is 100% leased to Walmart Neighborhood Market and backed by a full corporate guarantee from Walmart Stores Inc (Parent Company). The brand new 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. This is a fee simple (land and building) asset that includes the newest Walmart Neighborhood Market building prototype; the building is comprised of 41,921 square feet on approximately 8.50 acres of land. Strategically located along route 236 (just a block away from the north/south route 41 - one of the main corridors in the region) and across the street from the Clarksville Regional Airport.

Property Status: True NNN - Rare Parent Guarantee

Price: $12,406,800.00

Building Size: 41921 Square Feet

Area Available: 41,921 Square Feet

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