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Walmart 3697 Windsor Spring Rd 41,975 SF 100% Leased Retail Building Hephzibah, GA 30815 $10,166,089 CAD ($242.19 CAD/SF) 4.60% Cap Rate

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Investment Highlights

Investment Grade Credit Rating "AA" - S&P/Fitch
Ground leased retail asset
100% occupied shopping center with national brands such as Taco Bell, Sonic, Dollar Tree and Subway

Sixteen (16), Five-Year Tenant Renewal Options w/ increases
Walmart fuel and convenience store along prime Windsor Spring Road frontage
Walmart has upgraded this store recently to one its "Store of the Future" concepts

Executive Summary

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.

Augusta Walmart Neighborhood Market - Offering Memorandum

Property Facts Under Contract

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Supermarket

Building Size

41,975 SF

Building Class

Year Built

2016

Price

$10,166,089 CAD

Price Per SF

$242.19 CAD

Cap Rate

4.60%

NOI

$467,640 CAD

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.13

Lot Size

7.66 AC

Zoning

B-2 - BUSINESS, GENERAL

Parking

200 Spaces (4.76 Spaces per 1,000 SF Leased)

Frontage

1,075’ on Tobacco Rd

Pylon Sign

Signage

Drive Thru

Major Tenants

Retailer
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-
Triple Net
Jan 2036

Les marchés de quartier offrent une expérience d'achat pratique aux clients qui ont besoin de produits d'épicerie, de produits pharmaceutiques et de marchandises générales. En règle générale, ils sont situés dans des marchés avec des supercentres Wal-Mart, ce qui complète un solide réseau de distribution alimentaire et offre une commodité supplémentaire tout en maintenant les prix bas de Wal-Mart Every Day. Ouvert pour la première fois en 1998, les Marchés de quartier, d'une superficie moyenne de 42 000 pieds carrés, proposent une grande variété de produits, notamment des produits frais, des produits charcutiers, de la viande fraîche et des produits laitiers, des produits de santé et de beauté, des services de création de photos et de photos traditionnelles d'une heure, des pharmacies en voiture, de la papeterie et des articles en papier, des fournitures pour animaux de compagnie et des produits chimiques ménagers.