Collison Capital is pleased to present a ground leased Walmart Neighborhood Market located at 3697 Windsor Spring Road in Hephzibah (Augusta), Georgia. Built in 2016 and situated on 7.66 acres of land, the Walmart Neighborhood Market is comprised of 48,175 square feet of retail space which includes a drive-thru pharmacy and a convenience store with fuel pumps. This Walmart Neighborhood Market is subject to a 20-year ground lease with 10 years remaining and 16, 5-year options.
Walmart selected this store to be upgraded to be a "Store of the Future". Walmart's "Store of the Future" is a new concept focused on modernizing the shopping experience through technology, updated layouts, and enhanced services. Twenty stores were selected in Georgia, part of a $1.1B National initiative.