Walmart

Asset Type

Retail

Address
1110 Battleground Dr Iuka, MS United States 38852-1021
Asking Price

S$2,192,000

Sq Footage

41,400

Year Built

1978

Cap Rate

9.06%

Additional Attributes

Property Description

Free-standing single-tenant Walmart for sale on large 5.4-acre parcel in Luka’s primary retail corridor and close to Route 72. It’s the only Walmart location within a 19-mile radius and has a dominant market share among the local population and has had consistent sales growth over the past 6 years.

Investment Highlights

  • Ground interest
  • Includes an NN lease structure with a corporate guarantee from Walmart Corporation
  • Walmart has a 41-year operating history at this location
  • Potential for additional development of an outparcel
Listing Contacts
Alex Sands
Alex Sands
Analyst
+65 3159 4021
NY - 10401280495
Russ Westlake
Russ Westlake
Managing Director
+65 3159 4021
MS - 18528 TN - 255841
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