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Walmart

Walmart

900 Commerce Blvd, Dickson City, PA 18519

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PROPERTY DETAILS

Price

$5,183,750

Cap Rate

4.00%

NOI

$207,350

Property Details

Equity Retail Brokers is thrilled to present an exclusive opportunity to acquire a single-tenant net lease property, leased to Walmart in Dickson City, PA. This expansive property spans over 28 acres, featuring a free-standing building of approximately 200,000 square feet. Walmart, a longstanding occupant, initiated their ground lease in 1997 and recently demonstrated their ongoing commitment by exercising the first 10-year option. Notably, the ground lease boasts six additional 10-year options, each with a 10% rental increase. With an absolute NNN ground lease structure, investors can benefit from zero landlord responsibilities.

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