Extremely High Store Sales
$91 Million + in 2023, The store has demonstrated consistent growth and making it a prime location for investors seeking strong revenue streams.

Walmart’s Percentage Rent Structure, set at 0.75% of Prorated Annual Sales Above $29 Million
In addition to base rent, Walmart is subject to a percentage rent agreement, which provides the landlord with additional income based on the store’s sales performance, creating an attractive revenue growth opportunity.

Value Added Potential Due to Well Below Market Rent
The combination of below-market rent, and high sales ensures a steady and strong income stream and offers investors valuable opportunity to capitalize on future rental growth or percentage rent increases. Walmart also contributes $61,000 in percentage rent annually.

Exceptional Visibility
The property offers outstanding exposure from US Hwy 70, and several access points from Spence Avenue, guaranteeing consistent consumer engagement and strong traffic.

Low Rent-to-Sales Ratio of Walmart Supercenter
Walmart Supercenter Rent-to-Sales Ratio is 0.4% and Walmart Supercenter is paying $2.52 per SF, significantly below market rent.

Strong Mix of National and Local Tenants
The shopping center is fully leased to a mix of national and regional tenants such as Sally Beauty, GameStop, Wells Fargo, Crab Du Jour, and others. The center is 100% occupied, providing immediate income and further enhancing the property’s value.

Economic Vitality
Goldsboro benefits significantly from a diverse economy, largely anchored by Seymour Johnson Air Force Base. This base is a major employer in the region and plays a crucial role in the local economy by providing jobs and supporting various sectors.

Exceptional Investment Opportunity
There is a limited supply of these premier retail assets currently available for acquisition making it a rarity in today’s market.