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3697 Windsor Spring RdHephzibah, GA 30815
Augusta Walmart Neighborhood Market
Asset ClassRetail
overview of deal

Overview

Collison Capital is pleased to present a ground leased Walmart Neighborhood Market located at 3697 Windsor Spring Road in

Hephzibah (Augusta), Georgia. Built in 2016 and situated on 7.66 acres of land, the Walmart Neighborhood Market is comprised of 48,175 square feet of retail space which includes a drive-thru pharmacy and a convenience store with fuel pumps. This Walmart Neighborhood Market is subject to a 20-year ground lease with 10 years remaining and 16, 5-year options.

 

Walmart selected this store to be upgraded to be a "Store of the Future". Walmart's "Store of the Future" is a new concept focused on modernizing the shopping experience through technology, updated layouts, and enhanced services. Twenty stores were selected in Georgia, part of a $1.1B National initiative.

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Investment Highlights

  • Investment Grade Credit Rating "AA" - S&P/Fitch
  • Sixteen (16), Five-Year Tenant Renewal Options w/ increases
  • Ground leased retail asset
  • Walmart fuel and convenience store along prime Windsor Spring Road frontage
  • 100% occupied shopping center with national brands such as Taco Bell, Sonic, Dollar Tree and Subway
  • Walmart has upgraded this store recently to one its "Store of the Future" concepts

PROPERTY SUMMARY

Details
ADDRESS
3697 Windsor Spring Road Hephzibah (Augusta), GA 30815
COUNTY
Richmond
BUILDING SF
41,975
LAND ACRES
7.66
YEAR BUILT
2016
STORE OF THE FUTURE
Yes
PARCEL NUMBER
1414007000 & 141401100
C-STORE W/GAS OUTPARCEL
Yes
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3697 Windsor Spring RdHephzibah, GA 30815

Sales Team

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

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