WALMART

955 S. Woodland Blvd, DeLand, FL 32720
$9,915,800

Cap Rate
4.75%
Gross SQFT
41,871
Year Built
2016
Term Remaining
±18 YRS
NOI
$471,000

Broker of Record

  • Kyle Matthews
  • License No. CQ1052263 (FL)
  • 866 889 0550
  • Matthews Retail Group, Inc.
  • 841 Apollo Street,
    Suite 150, El Segundo, CA

INVESTMENT HIGHLIGHTS

    • Absolute NNN Ground Lease – ±18 years remaining and zero landlord responsibilities
    • Significant capital contribution to the building improvements by the tenant which shows commitment to the location
    • Walmart is ranked #1 on the Fortune 500 global list and had revenues of nearly $500 billion in 2018 as the leader in global sales
    • High-quality, 2016 construction and Walmart Neighborhood Market’s newest prototype building with fuel station and drive-thru pharmacy
    • Rare opportunity to invest in an investment-grade, credit tenant in an income-tax free state
    • Lack of immediate competition being the only Walmart Neighborhood Market serving DeLand and a complement to the Walmart Supercenter serving the north side of town
    • Great access and visibility to Woodland Blvd which sees over 33,500 VPD and acts as a main north/south thoroughfare connecting DeLand to Orlando