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Walmart Portfolio
Asset ClassRetail
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Overview

Collison Capital is pleased to offer nine net leased Walmart Neighborhood Market stores located in prime Sun Belt markets throughout Florida, Georgia, and South Carolina. The portfolio is leased to Walmart (NYSE: WMT), the largest brick and mortar retailer in the world, with 10,750 retail outlets in 19 countries. Constructed between 2014 and 2016, the portfolio has undergone substantial interior investment including self-checkout kiosks, expanded pharmacy offerings, and new drive through and pickup capacity to facilitate the expansion of Walmart’s growing online presence. The Walmart Neighborhood Market concept is entirely focused on grocery and daily needs items and, in most cases, the portfolio stores are the primary grocery option in each submarket. In addition, eight of the nine stores feature Walmart Fuel & Convenience outparcels that attract substantial vehicular traffic to these locations. Each property is net leased and all leases are structured with multiple extension options, each with rent increases.

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Investment Highlights

  • Credit Rated Tenant and Guarantor – Walmart (NYSE: WMT, AA – Fitch/S&P) is the largest brick and mortar retailer in the world with a market cap of over $834B
  • Walmart has invested heavily in the Neighborhood Market format and has aggressively invested to upgrade stores throughout the United States
  • All portfolio assets are in prime Sun Belt markets with strong population growth and often serve as the primary submarket grocer
  • Eight properties include on-site Walmart Convenience & Gas outparcels that drive customers to these locations
  • Leases include minimal landlord obligations and include rent increases in each option period, serving as a hedge against inflation
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801-A E General Stewart WayHinesville, GA 31313

Sales Team

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

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