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Grocery Store

Walmart Neighborhood Market | 12+ Years of Term

3419 Orange Ave NE, Roanoke, VA 24012

Listing Price: $10,073,667

Cap Rate
6.00%
Tenant Name
Wal-Mart Stores East, LP
Years Remaining On Lease
12.5
Guarantor
Corporate Guarantee
Rentable SF
41,117
Lease Type
Double Net
Rent Per Square Feet
$14.70

Investment Overview

Marcus and Millichap is pleased to present the exclusive listing for the Walmart Neighborhood Market located at 3419 Orange Ave NE in Roanoke, VA.

Investment Highlights

  • Over 12 Years Remaining on a Corporate Walmart Lease | Offered Free and Clear
  • Walmart Built a Large Supercenter 2.0 Miles Away and Closed this Smaller Format Location
  • High Cap Opportunity with a Best-in-Class Credit | Significant Term Remaining and Ample Time to Reposition the Asset with Guaranteed Cash Flow

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (202) 536-3700

    License(s) VA: 0225247494

    Virginia

Financing By

Grocery Store

Walmart Neighborhood Market | 12+ Years of Term

Listing Price: $10,073,667

Cap Rate
6.00%
Tenant Name
Wal-Mart Stores East, LP
Years Remaining On Lease
12.5
Guarantor
Corporate Guarantee
Rentable SF
41,117
Lease Type
Double Net
Rent Per Square Feet
$14.70

Investment Highlights

  • Over 12 Years Remaining on a Corporate Walmart Lease | Offered Free and Clear
  • Walmart Built a Large Supercenter 2.0 Miles Away and Closed this Smaller Format Location
  • High Cap Opportunity with a Best-in-Class Credit | Significant Term Remaining and Ample Time to Reposition the Asset with Guaranteed Cash Flow

Investment Overview

Marcus and Millichap is pleased to present the exclusive listing for the Walmart Neighborhood Market located at 3419 Orange Ave NE in Roanoke, VA.

Exclusively Listed By

Broker of Record

  • Brian Hosey

    First Vice President/ Division Manager

    (202) 536-3700

    License(s): VA: 0225247494

    Virginia

Financing By

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