SHOPPES AT WILLIAMSTON
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1059 Walmart Dr | Williamston, NC 27892
Square Footage: ± 37,550
Year Built: 2008
NOI: $420,605
Debt: Free & Clear
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Shadow-anchored by Walmart Supercenter serving a large trade area and consistently generating a high volume of consumer traffic – the average Supercenter parking lot receives 2,500 trips per day. Walmart is the largest retailer in the world.
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Well located on U.S. Hwy #17 (Business) with 13,000 VPD traffic count.
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Consistently High Occupancy currently 100% and featuring an established, stable tenant mix including both national and local tenants.
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Strong demographics with 18,000± population within a 10-mile radius, with average household income at $48,000±.
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High-quality Improvements constructed in 2008 limits Landlord’s capex exposure.
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Conservative Economics with $12.00/SF average rent PSF and $141 price PSF.
Acreage: ± 5.1
Occupancy: 100%
Price: $5,325,000