Walmart for Sale in St. Augustine, FL
St. Augustine, FL
Key Investment Metrics
Price
$22,900,000
Cap Rate
5.0%
Net Operating Income
$1,145,000
Building Size
180604 SF
Land Area
24.49 Acres
Remaining Term
20.5 years
Lease Expiration
01/31/2047
Lease Term
20.1 years
Lease Commencement
01/07/2027
Lease Type
Absolute NNN
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2026
Occupancy
100%
Tenancy
Single
Rent Increases
Fixed for years 1 - 20 and then 5% increases every 5-years in Options
Property overview
Walmart in St. Augustine
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 180,604 SF
- Land area
- 24.49 acres
- Year built
- 2026
- Lease type
- Absolute NNN
- Lease expiration
- 01/31/2047
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.