Walmart Supercenter

Walmart Supercenter – Murfreesboro, Tennessee (Nashville MSA)

The Walmart Supercenter located in Murfreesboro, Tennessee represents a premier single-tenant retail investment anchored by one of the largest and most creditworthy companies in the world—Walmart Inc. Situated in a thriving and rapidly growing submarket of the Nashville metropolitan area, this freestanding property offers long-term stability, corporate-backed lease security, and exceptional real estate fundamentals. With Murfreesboro consistently ranked among the fastest-growing cities in the state of Tennessee and the southeastern United States, this location benefits from a dynamic combination of population growth, robust economic development, and strategic positioning along major transportation corridors.

The Walmart Supercenter is a true destination retail site, offering essential goods and services that drive consistent daily traffic and year-round customer demand. With a long-term net lease, minimal landlord responsibilities, and strong demographic support, this property is an outstanding choice for institutional and private investors seeking passive income, inflation-resistant returns, and durable performance backed by the strength of a Fortune 1 tenant.

Tenant Overview – Walmart Inc.

Walmart Inc. (NYSE: WMT) is the world’s largest retailer by revenue, operating over 10,500 stores globally and more than 4,600 stores in the United States alone. The company has maintained its position as a dominant force in retail for decades through its highly efficient supply chain, scale of operations, and broad offering of groceries, general merchandise, apparel, electronics, pharmacy, home goods, and automotive services. In addition to its traditional retail operations, Walmart has expanded aggressively into e-commerce, last-mile delivery, and healthcare, positioning itself as a one-stop shop for millions of American families.

Key tenant highlights include:

• Ranked No. 1 on the Fortune 500 list by revenue
• Over $600 billion in annual revenue
• Investment-grade credit rating (S&P: AA)
• More than 2.1 million employees globally
• Nearly 90 percent of Americans live within 10 miles of a Walmart
• Essential-service retail provider with unmatched scale and customer loyalty

Walmart’s Supercenter locations are full-line stores offering grocery, pharmacy, clothing, home improvement, seasonal goods, and general merchandise. These locations are the backbone of Walmart’s nationwide strategy, driving high foot traffic and market penetration in suburban and tertiary markets.

Lease Structure – Net Lease with Corporate Guarantee

The Walmart Supercenter in Murfreesboro is leased directly to Walmart Inc. on a long-term basis with net lease terms that minimize landlord responsibility and provide durable income. Under a typical net lease structure with Walmart, the tenant is responsible for:

• Real estate taxes
• Property insurance
• Day-to-day maintenance and site operations
• Utilities and operating costs
• Building upkeep and capital replacements (often roof and structure included, depending on lease terms)

The lease is backed by Walmart’s corporate credit, offering unparalleled security for investors seeking passive income with minimal risk. This lease profile is especially attractive for:

• 1031 exchange buyers
• High-net-worth individuals seeking reliable yield
• REITs and institutions looking for flagship tenant exposure
• Private wealth vehicles focused on stable, long-term returns

Walmart’s historical renewal trends are strong, especially at high-performing Supercenter locations. The company’s tendency to heavily invest in and maintain these properties reflects their centrality in Walmart’s operating model and omnichannel strategy.

Market Overview – Murfreesboro, TN (Nashville MSA)

Murfreesboro is one of Tennessee’s fastest-growing cities, located approximately 35 miles southeast of downtown Nashville. As the county seat of Rutherford County, Murfreesboro serves as both a residential hub and a commercial anchor for the southeast quadrant of the Nashville metropolitan area. Over the past decade, the city has experienced rapid expansion due to its affordability, access to major highways, quality schools, and proximity to the Nashville job market.

Key market drivers include:

• Population growth rate of over 30% in the past decade
• Home to Middle Tennessee State University (MTSU), the largest undergraduate university in Tennessee
• Direct access to I-24 and US-231, facilitating commuter traffic and logistics connectivity
• Pro-business environment with low taxes and robust municipal investment in infrastructure
• Diverse employment base including education, healthcare, logistics, manufacturing, and technology
• High levels of homeownership, household income growth, and residential development

Murfreesboro’s economy is supported by a balanced mix of public and private sector employers, and its location within the Nashville MSA ensures continued demand from new residents and businesses relocating to the region. The city’s strategic positioning along key transportation corridors also supports Walmart’s logistics and supply chain efficiency.

Demographics and Demand Drivers

Within a 5-mile radius of the Walmart Supercenter site in Murfreesboro:

• The population exceeds 125,000 residents
• The average household income exceeds $75,000 and continues to rise
• Significant presence of young families, college students, and working professionals
• High volume of weekly repeat shoppers
• Strong housing demand and new residential subdivisions supporting continued growth
• Access to multiple public schools, shopping centers, healthcare providers, and employment hubs

Walmart’s value-driven pricing model and broad merchandise offerings are well-matched with the demographic composition of the area. As a daily needs retailer, Walmart attracts a wide spectrum of consumers ranging from students and seniors to growing families and professionals. This site benefits from both destination shoppers and incidental traffic, supported by nearby schools, offices, and residential communities.

Site Overview and Real Estate Fundamentals

The Walmart Supercenter occupies a large commercial parcel with direct visibility and frontage along a major arterial roadway. Typical site characteristics for Walmart Supercenters include:

• Large-format footprint (typically 180,000 to 220,000 square feet)
• Multiple access points and signalized intersections
• Expansive surface parking accommodating hundreds of vehicles
• In-store pharmacy, grocery, and general merchandise under one roof
• On-site or adjacent outparcels often co-tenanted by QSRs, fuel stations, or banking institutions
• High daily vehicle counts and consistent customer volume
• Zoning and planning that favor long-term commercial use and redevelopment value

Real estate fundamentals are strong in Murfreesboro, with limited availability of comparable large-parcel commercial land and rising land values due to population influx. The Walmart Supercenter acts as a traffic generator for the surrounding area, supporting neighboring businesses and increasing the value of nearby parcels.

Walmart’s Strategic Evolution and Long-Term Outlook

Walmart is not only the world’s largest retailer—it is also one of the most dynamic. Over the past five years, Walmart has invested billions in digital infrastructure, same-day delivery, and healthcare services. These changes are redefining what it means to shop at a Walmart Supercenter.

Recent strategic initiatives include:

• Expansion of online grocery pickup and in-store fulfillment centers
• Integration of Walmart Health clinics offering affordable primary care
• Upgrades to in-store technology and digital payment systems
• Enhancements to supply chain logistics and last-mile delivery infrastructure
• Investment in renewable energy and ESG-compliant building practices

For investors, these initiatives demonstrate a long-term commitment to brick-and-mortar operations and a continuous drive to innovate. Walmart’s adaptability and scale ensure that their Supercenter locations will remain relevant anchors in their communities for decades to come.

Investment Summary

• Single-tenant Walmart Supercenter with long-term corporate-guaranteed lease
• Net lease with minimal landlord responsibilities
• Located in Murfreesboro, TN – a booming suburb of Nashville
• Exceptional demographics and economic growth trajectory
• High daily traffic counts and strong consumer demand
• Real estate fundamentals supported by limited competition and zoning barriers
• Essential-service tenant with recession-resistant business model
• Strategic site with multiple access points, signage visibility, and expansive parking
• Ideal for 1031 exchanges, long-term hold strategies, and institutional portfolios

Conclusion

The Walmart Supercenter in Murfreesboro, Tennessee is a premier net lease asset offering unmatched security, national credit tenancy, and a location in one of the Southeast’s most vibrant growth markets. The combination of long-term lease security, minimal management requirements, and strong real estate fundamentals makes this investment ideal for a broad range of buyers seeking income stability and long-term value.

As Walmart continues to redefine retail through omni-channel innovation, healthcare integration, and logistical leadership, its Supercenter locations remain central to the company’s operational strength. This property is well positioned to deliver dependable income and future appreciation in a high-demand Tennessee market.