Walmart Neighborhood Portfolio
Roanoke, Virginia
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About the Investment:
- Long-Term, 20-Year Lease | Both Sites have 12.50+ Years Remaining | Ten Percent Increases in the Option Periods
- Both Sites have Full Gas Station Pads | 12 Pumps | Increased Traffic & Customer Loyalty
- Walmart Corporate Guarantee | Walmart Reported $559 BN in 2021 Revenue
- Ten Percent (10%) in the First Two (2), Five (5) Year Tenant Renewal Options and Five Percent (5%) in the Last Two (2), Five (5) Year Tenant Renewal Options
About the Dale Avenue Location:
- Dense Retail Corridor | | Major National Tenants Include: Dollar Tree, Dollar General, Kroger, CVS Pharmacy, Advance Auto Parts, O’Reilly Auto Parts, McDonald’s, Burger King, and Many More
- Strong Demographics | Population Exceeds 118,600 Individuals Within a Five-Mile Radius
- Compelling Real Estate Fundamentals | Located Approximately One Mile from Downtown Roanoke
- Strong Traffic Exposure | Dale Avenue | Over 29,100 Vehicles Per Day
- Strong Academic Presence | Fallon Park Elementary School | Located Across the Street from the Subject Property | Over 600 Students Enrolled
About the Plantation Road Location:
- Strong Retail Corridor | Major National Tenants Include: Sam’s Club, Marshalls, Five Below, Aldi, Food Lion, BJ’s, Office Max, Walgreens, McDonald’s, Starbucks, Firestone, Advance Auto Parts, and Many More
- Strong Real Estate Fundamentals | Located Near Roanoke-Blacksburg Regional Airport
- Located Near Signalized Intersection | Ideal Exposure for a Retail Location
- Just Down the Road from Monterey Elementary School | +500 Students Enrolled