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Sam's Club

5555 South Buckner Boulevard, Dallas, TX 75228

$15,945,000

Cap Rate 5.00%

Views: 35 DOM: 60 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 8.7
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

Eric Carlton
Colliers NNN Group
Contact

Jereme Snyder
Colliers NNN Group
Contact

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...

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Key Features

  • Signalized intersection

  • Dense retail corridor

  • Freeway visibility

  • Top 100 MSA

  • Strong demographics

  • Income tax free state

  • Below Market Rent

  • Traded and rated company

  • Investment grade tenant

    • ...

Links

Sam's Club Wikipedia Sam's Club Wikipedia Dallas, Texas Zip Code 75228 Broker Site Page

Documents

Download OM

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...


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Listing Broker

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