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801-A E General Stewart WayHinesville, GA 31313
Hinesville Walmart Neighborhood Market
Asset ClassRetail
overview of deal

Overview

Collison Capital is pleased to present a Walmart Neighborhood Market located at 801-A East General Stewart Way, Hinesville, GA. Built in 2015 and situated on 5.80 acres of land, the Walmart Neighborhood Market is comprised of 41,117 square feet of retail space which includes a drive-thru pharmacy, as well as a convenience store with fuel pumps.

 

The Walmart Neighborhood Market property provides an investor with the opportunity to acquire a well-located asset next to Fort Stewart, the largest Army base East of the Mississippi. This Walmart Neighborhood Market is subject to a 15-year absolute triple net (NNN) ground lease with 5 years remaining and 17 5-year options each with 5% rent increases. The lease has a Walmart corporate backed guarantee.

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Investment Highlights

  • Absolute NNN lease with 5 years remaining of initial term
  • Tenant has an Investment Grade Credit Rating "AA" - S&P/Fitch (NYSE:WMT)
  • Seventeen (17), five-year tenant renewal options w/ 5% increases at each option
  • Includes a Walmart convenience store + fuel
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801-A E General Stewart WayHinesville, GA 31313

Exclusively Marketed By:

Carter CollisonDirector of Acquisitions and Dispositions(407) 234-4111carter@collisoncap.com
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