CBRE is pleased to present the exclusive listing for this Brand-New Walmart Supercenter property located at the new World Commerce Center in St. Augustine, Florida. The property is in St. Johns County — one of the fastest growing markets in the country and this site is located directly in the strongest and fastest growing retail nodes in the county. It’s positioned directly on International Golf Parkway, the market’s primary interstate interchange arterial.
This is a 20-year ground lease guaranteed by Walmart, Inc., which boasts one of the strongest credit ratings possible — S&P Rating of ‘AA’ providing one of the most secure investments available in the market today. The ground lease structure provides for truly hands off ownership with no landlord management obligations.