Collison Capital is pleased to present a ground leased Walmart Neighborhood Market located at 4196 Bemiss Road in Valdosta, Georgia. Built in 2016 and situated on 9.83 acres of land, the Walmart Neighborhood Market is comprised of 41,117 square feet of retail space which includes a drive-thru pharmacy and a convenience store with fuel pumps. Walmart recently did a large-scale $1.6M renovation to the property in 2022.

The subject property provides an investor both the opportunity to acquire an exceptionally well located retail asset that is leased to an investment grade tenant and has attractive lease terms. This Walmart Neighborhood Market is subject to a 15- year absolute NNN lease with 6 years remaining and 17, 5-year options with rent increases. A contractual 3% rent increase is set to occur 12/01/2026.