Walmart Supercenter

Walmart Supercenter – Colorado Springs, Colorado (Colorado Springs MSA)

The Walmart Supercenter located in Colorado Springs, Colorado, represents an institutional-grade investment opportunity in a highly desirable Western U.S. metro market. Backed by a long-term, net lease to Walmart Inc.—the world’s largest retailer—this offering combines investment-grade credit, passive income, long-term lease security, and a dominant regional location within one of the fastest-growing cities in the Mountain West.

Situated in El Paso County, the second-most populous county in Colorado, the subject property serves as a major retail anchor in a key submarket of the Colorado Springs metropolitan statistical area (MSA). The area is known for its balanced economy, population expansion, proximity to key military bases, and consistently high quality of life. As a Supercenter-format store, this Walmart location serves as a regional hub for grocery, general merchandise, pharmacy services, and e-commerce fulfillment, ensuring consistent, year-round traffic and repeat customer engagement.

Structured as a net lease, this property offers stable, long-term income with minimal landlord obligations, making it ideal for 1031 exchange buyers, REITs, and long-term capital allocators seeking dependable cash flow in a high-growth, tax-friendly environment.

Tenant Overview – Walmart Inc.

Walmart Inc. is a global retail leader and the largest employer in the United States. With more than 10,500 stores worldwide—including over 4,600 domestic locations—Walmart serves over 240 million customers weekly and generates more than $600 billion in annual revenue. Walmart has maintained its position as the No. 1 company on the Fortune 500 list for several consecutive years.

As a tenant, Walmart represents one of the most secure and reliable net lease opportunities available in the commercial real estate space. Its credit rating is AA by S&P, and its Supercenter locations consistently rank among the highest performing retail assets across the country.

Highlights:

• Fortune 1 global company
• $600B+ in annual revenue
• AA credit rating from S&P
• Largest U.S. grocer and pharmacy provider by sales volume
• Expanding in healthcare, fintech, and logistics
• National leader in hybrid retail-eCommerce integration
• Over 1.6 million U.S. employees
• Significant capital reinvestment into store infrastructure and automation

Walmart’s evolution from a discount retail chain to a tech-integrated, omnichannel commerce platform positions its Supercenter locations as strategic real estate investments with national and local relevance.

Lease Structure – Passive Net Lease

The Colorado Springs location is operated under a long-term, net lease directly with Walmart Inc. This structure offers investors a stable and passive income stream with minimal landlord obligations and corporate-backed rent payments.

Key lease terms include:

• Walmart Inc. as tenant of record (corporate lease)
• Long-term base term plus multiple renewal options
• Tenant responsible for real estate taxes, insurance, and common area maintenance
• Landlord typically has minimal or no responsibilities for roof, structure, or capital expenses
• Ideal structure for private equity funds, trusts, family offices, and 1031 exchange buyers

Walmart’s leases are structured for continuity, stability, and site-specific commitment. Locations such as this one, which serve dense and growing suburban markets, tend to be renewed well beyond the original lease term.

Market Overview – Colorado Springs, CO

Colorado Springs is one of the most vibrant and dynamic mid-sized cities in the U.S., and it is frequently ranked among the top cities for quality of life, job growth, and housing stability. Located approximately 70 miles south of Denver, Colorado Springs anchors its own MSA and serves as the state’s second-largest city with a population exceeding 500,000. Its economic base is diverse, with strong contributions from defense, aerospace, tourism, healthcare, and education.

Economic highlights:

• Headquarters and major facilities for Lockheed Martin, Boeing, Northrop Grumman, and Raytheon
• Proximity to five military installations, including the U.S. Air Force Academy and Fort Carson
• Robust tourism sector tied to nearby natural landmarks like Pikes Peak and Garden of the Gods
• Growing technology presence with new data centers and startups relocating to the region
• Regional healthcare infrastructure including UCHealth Memorial Hospital and Penrose-St. Francis
• Public and private sector investment in infrastructure and urban development projects

The region has seen a major influx of residents over the last decade, many relocating from more expensive cities like Denver, Los Angeles, and Seattle. The demand for affordable, high-quality housing, strong public schools, and outdoor amenities continues to fuel sustained population growth and commercial development.

Demographics – Trade Area Analysis

The Walmart Supercenter in Colorado Springs serves a broad and growing trade area that includes both long-term residents and new transplants from across the country. Within a 5-mile radius of the subject property:

• Population exceeds 160,000
• Average household income between $80,000 and $95,000
• High proportion of families, young professionals, and military households
• Low unemployment rate and steady job creation across multiple sectors
• Limited retail redundancy, with Walmart functioning as the dominant one-stop shop
• Frequent consumer repeat visits for groceries, pharmacy, and household needs

The demographic appeal of Colorado Springs is one of the key reasons national retailers continue to invest in and expand their operations here. Its residents prioritize value, accessibility, and convenience—Walmart’s core service advantages.

Property Overview – Supercenter Format

Walmart Supercenters are among the most strategically located and operationally optimized retail assets in the United States. They function as retail, grocery, pharmacy, and logistics centers simultaneously, providing a broad suite of essential goods and services.

The Colorado Springs property reflects this full-format Supercenter model:

• Between 180,000 and 220,000 square feet of freestanding retail space
• Grocery section includes full produce, meat, bakery, dairy, and deli
• General merchandise departments including electronics, toys, seasonal, apparel, and home goods
• Full-service pharmacy with drive-thru access and in-store clinics
• Garden center, automotive department, and in-store financial services
• Dedicated order pickup area for e-commerce and mobile app orders
• Logistics capabilities for last-mile delivery and regional distribution
• Ample surface parking with multiple ingress/egress points
• Monument signage and strong visibility from major roadways

The site benefits from high traffic counts, robust co-tenancy, and proximity to residential neighborhoods, military housing, schools, and regional retail corridors. Its design supports both walk-in retail traffic and back-end logistics services, reinforcing its relevance in Walmart’s broader national strategy.

Walmart’s Strategy – Physical + Digital Retail Integration

Walmart is not simply a retail tenant; it is a data-driven logistics and technology powerhouse. Its Supercenter locations like this one are integral to its multi-channel commerce ecosystem, serving as fulfillment centers, last-mile delivery points, and in-person health and service hubs.

Strategic initiatives include:

• Walmart+ membership platform competing with Amazon Prime
• Integration of pharmacy, optical, and basic medical care under one roof
• Local fulfillment for next-day delivery via app and e-commerce platforms
• Micro-fulfillment center overlays on existing stores
• Robotics and AI for store operations and inventory management
• Renewable energy infrastructure across its real estate portfolio
• Strategic acquisitions in fintech and healthcare to expand consumer services
• Drone delivery and autonomous vehicle testing for last-mile solutions

These changes make Walmart Supercenters more than just retail—they are logistical and service hubs positioned to serve an increasingly tech-oriented consumer base.

Investment Highlights

• Freestanding Walmart Supercenter in a core, growing Western U.S. market
• Long-term corporate net lease backed by Walmart Inc. (AA rated)
• Minimal landlord responsibility, ideal for passive cash flow
• Irreplaceable real estate asset in a dense, growing trade area
• Essential services: groceries, pharmacy, general merchandise, financial services
• Strategic alignment with Walmart’s future-facing omni-channel strategy
• Located in one of the nation’s top-ranked cities for quality of life and economic growth
• Strong household income and limited competition from comparable retailers
• Ideal for institutions, REITs, private family offices, and 1031 exchange buyers

Conclusion

The Walmart Supercenter in Colorado Springs, Colorado stands out as a long-term, income-producing retail asset in one of the most resilient and growing markets in the western United States. With a corporate net lease to the world’s largest retailer, a full-service retail format, and strategic positioning within a booming regional economy, this property offers a compelling opportunity for durable cash flow and long-term asset appreciation.

For investors seeking passive income with credit-quality security, irreplaceable real estate fundamentals, and exposure to a nationally recognized tenant in a high-performance market, this Walmart Supercenter represents a premier acquisition target. Its combination of scale, function, location, and credit support provides unmatched investment confidence in today’s net lease market.