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Sam's Club (LH)

2901 Clairmont Road, Atlanta, GA 30329

$12,900,000

Cap Rate 9.46%

Views: 55 DOM: 74 Updated: 10.08.24 Posted: 10.08.24 Status: Active

Summary

Price $12,900,000
Built/Renov 1999
Tenant Sam's Club (LH)
Cap Rate 9.46%
Lease Type Abs NNN
Guarantor Corp T and Rated
Size/SF 129,562
Lease Start 10-29-1999
#Units 600
Price/SF $99.57
Expiration 07-12-2055
Tenant Type Big Box Retail
NOI $1,219,705
R. Term 30.7
Ownership Leasehold
Rent/SF $9.41
Increases 10.7%/1/yrs
Pop 5Mi 334,615
Lot/AC 23.76
Options 6/5yrs
AHHI 5Mi $161,086

Jereme Snyder
Colliers NNN Group
Contact

Eric Carlton
Colliers NNN Group
Contact

Lease Highlights

  • Over 25 years of successful occupancy | 6 (5-year) option periods extending into 2055
  • Absolute NNN lease | Leasehold Interest | 100% depreciable asset
  • Minimal landlord responsibilities | Landlord only responsible for ground lease rent
  • #1 on the Fortune 500 list for the 11th year in a row
  • Corporate guarantee from Walmart, Inc. (NYSE: WMT)
  • Investment grade tenant (S&P: AA)

Location Description

Sam's Club is strategically located near the signalized hard corner intersection of Interstate 85 and Clairmont Road, with access to a significant combined daily traffic count of 81,000 vehicles. The property is surrounded by prominent national retailers including Target, Kroger, ALDI, Wells Fargo, Truist Bank, Walgreens, McDonald's, and more. The immediate area also features several housing...

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Key Features

  • Oversized lot

  • In location for years

  • Near major nationals

  • Strategically located

  • Freeway visibility

  • Top 100 MSA

  • Strong demographics

  • Absolute NNN

  • Traded and rated company

  • Investment grade tenant

    • ...

Links

Sam's Club Wikipedia Sam's Club Wikipedia Atlanta, Georgia Zip Code 30329 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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