loader
Join Free
Views: 23 DOM: 30 Updated: 10.22.24 Posted: 10.22.24 Status: Active

Summary

Price $15,945,000
Built/Renov 1991
Tenant Sam's Club
Cap Rate 5.00%
Lease Type Double NN
Guarantor Corp T and Rated
Size/SF 140,883
Lease Start 06-30-1993
#Units 600
Price/SF $113.18
Expiration 08-01-2033
Tenant Type Big Box Retail
NOI $797,261
R. Term 8.8
Ownership Fee Simple
Rent/SF $5.66
Increases 0.0%/0/yrs
Pop 5Mi 346,201
Lot/AC 11.77
Options 8/5yrs
AHHI 5Mi $110,105

Lease Highlights

  • Over 31 years of successful occupancy
  • The tenant has 8+ years remaining on the current lease term with 8 (5-year) options extending into 2073
  • Limited Landlord responsibilities | Landlord only responsible for roof, structure & parking lot
  • High-performing Sam's Club - Consistently ranked Top 5% (State & Nationwide) by Creditntell
  • Corporate guarantee (NYSE: WMT)
  • Investment grade tenant (S&P: AA)

Location Description

Sam's Club is strategically located near the signalized, hard corner intersection of Samuell Boulevard and Buckner Boulevard, with access to a robust combined daily traffic volume of 49,400 vehicles. The property is surrounded by notable national tenants such as Walmart Supercenter, CVS, Bank of America, Whataburger, Popeyes, Taco Bell, KFC, and more. Key educational institutions in the...

...

Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

Sam's Club is an American chain of membership-only retail warehouse clubs founded in 1983 by Sam Walton, the founder of Walmart. As of 2023, Sam's Club operates approximately 600...


...

Listing Broker

Loading...
Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT

GET IN TOUCH

my activity