Sam's Club - Leasehold Investment | 2901 Clairmont Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Sam's Club - Leasehold Investment 2901 Clairmont Rd
128,776 SF Retail Building Atlanta, GA 30329 £10,178,100 (£79/SF) 9.46% Net Initial Yield
Investment Highlights
- Absolute NNN Lease – Leasehold Interest - 100% Depreciable Asset
- Investment Grade Credit Rating – S&P AA (Moody’s: Aa2)
- Minimal Landlord Responsibilities – Landlord Only Responsible for Ground Lease Rent
- Corporate Guarantee from WAL-MART STORES, Inc. (NYSE: WMT) o $649 Billion Market Cap
- Over 25 Years of Successful Occupancy – Six 5-Year Option Periods extending into 2055
- Sam’s Club Fuel Station, New Sushi Bar Renovation in 2024, and Auto-Center on Large 23.76 Acre Parcel
Executive Summary
The Snyder Carlton National Net Lease Team is pleased to offer to qualified investors a rare opportunity to acquire a Sam’s Club (Leasehold Interest) – 100% depreciable asset, located in Atlanta, GA. The lease is guaranteed by Walmart Stores, Inc. (NYSE: WMT) and has an investment grade rating (S&P: AA). Over 10,500 stores and clubs in 19 countries, employs over 2.1 million associates worldwide, over $648 billion in annual revenue and has been number one on the fortune 500 list for the past 11 consecutive years. Sam’s Club has operated successfully at this location for over 25 years and has six 5-year option periods extending into 2055 which are automatically exercised unless tenant gives notice. Ideal for a passive investor, the landlord has no maintenance duties and is only responsible for the ground lease rent ($19,633/Year) which has options extending into 2055.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
128,776 SF
Building Class
B
Year Built
1999
Price
£10,178,100
Price Per SF
£79
Net Initial Yield
9.46%
NOI
£962,347
Tenancy
Single
Number of Floors
1
Building FAR
0.13
Land Acres
22.10 AC
Zoning
MU-BC - Mixed Use - Business Center
Parking
510 Spaces (3.96 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
- Signalised Intersection
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 18-196-02-016 | Improvements Assessment | £3,660,960 |
Land Assessment | £915,240 | Total Assessment | £4,576,200 |
PROPERTY TAXES
Parcel Number
18-196-02-016
Land Assessment
£915,240
Improvements Assessment
£3,660,960
Total Assessment
£4,576,200
1 of 9
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Sam's Club - Leasehold Investment | 2901 Clairmont Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.