Walmart Neighborhood Market

2586 N. Slappey Blvd. Albany, GA 31701

  • 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). This is a brand new 15 year primary term that 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 7.89 acres of land. Strategically located at the confluence of highway 19 and 82, the property is located in a dense infill retail trade area, offers convenient ingress / egress, excellent street visibility and ample parking.

Price: $13,329,940.00

Building Size: 41921 Square Feet

Area Available: 41,921 Square Feet

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