Walmart Supercenter

Walmart Supercenter – Oklahoma City, Oklahoma (Oklahoma City MSA)

The Walmart Supercenter located in Oklahoma City, Oklahoma offers an exceptional opportunity to acquire a mission-critical, net-leased retail asset backed by the world’s largest retailer, Walmart Inc. Strategically situated within the Oklahoma City metropolitan statistical area—one of the fastest-growing and most economically diverse regions in the South Central United States—this property serves as a regional destination for grocery, general merchandise, pharmacy, and e-commerce services.

As a freestanding, full-format Walmart Supercenter with a long-term corporate lease in place, the property provides investors with passive income, strong tenant credit, durable real estate fundamentals, and a stable location in a state with no personal income tax. With a population exceeding 1.4 million, Oklahoma City combines steady demographic growth, a diversified employment base, and relatively low cost of living—all factors contributing to consistent foot traffic and long-term retail demand.

Walmart Supercenters remain critical infrastructure assets in the U.S. retail landscape, serving as high-volume service hubs that integrate essential services with e-commerce logistics. This particular asset benefits from strong vehicular visibility, significant consumer density, and strategic positioning in one of Oklahoma’s most active retail corridors.

Tenant Overview – Walmart Inc.

Walmart Inc. (NYSE: WMT) is the largest company in the world by revenue, operating over 10,500 stores worldwide and employing more than 2.3 million associates globally. Within the U.S., Walmart has over 4,600 physical stores, and more than 90 percent of the population lives within 10 miles of a Walmart location. The company’s core services include general retail, full-service grocery, pharmacy, optical care, financial services, and growing healthcare delivery.

As the number one retailer in the United States and a dominant player in the grocery and pharmaceutical segments, Walmart offers unparalleled tenant security and long-term viability. Its long-standing commitment to reinvesting in existing Supercenters—rather than simply expanding store count—underscores the significance of key locations such as the Oklahoma City asset.

Walmart Inc. highlights:

• Fortune 1 company with over $600 billion in annual revenue
• AA-rated by Standard & Poor’s
• Leading grocer, pharmacy, and retail chain in the U.S.
• Extensive investment in e-commerce, health services, and digital logistics
• Growing healthcare footprint through Walmart Health and insurance offerings
• National leader in last-mile delivery and micro-fulfillment technology

Walmart leases are considered among the most secure and passive investments in the triple-net lease (NNN) market. The corporate guarantee provides bond-like income stability, while the Supercenter format anchors consumer activity within entire submarkets.

Lease Structure – Long-Term Net Lease

The Oklahoma City Walmart Supercenter is subject to a long-term, corporately guaranteed net lease. The lease agreement requires the tenant to be responsible for all real estate taxes, insurance, and maintenance, including parking lot and building structure (subject to lease terms). This structure enables a truly passive investment, ideally suited for institutions, REITs, private family capital, and 1031 exchange buyers seeking high-credit, cash-flowing assets.

Key features of the lease structure:

• Long initial term with multiple renewal options
• Rent paid directly by Walmart Inc.
• Absolute or triple-net lease terms (NNN), reducing landlord exposure
• Consistent rent escalations (subject to terms)
• Zero landlord responsibility for daily operations
• High probability of renewal due to site-level performance and strategic location

These characteristics allow for predictable, inflation-protected income with one of the most creditworthy tenants in the market.

Oklahoma City Market Overview

Oklahoma City is the capital and largest city in the state of Oklahoma, serving as a key economic engine for the South Central U.S. The metro area has experienced substantial growth over the last decade, driven by a combination of business-friendly governance, energy sector innovation, healthcare expansion, and infrastructure investment.

Oklahoma City boasts a resilient economy that balances traditional industries like oil and gas with growing sectors such as aerospace, logistics, manufacturing, and biosciences. It is also home to Tinker Air Force Base—one of the largest military employers in the region—and several large healthcare systems.

Market strengths:

• Population of more than 1.4 million in the metro area
• Cost of living nearly 13 percent below the national average
• State capital with a stable public sector employment base
• Business-friendly policies, including no personal income tax
• Expanding residential development in suburban and urban core areas
• Growing airport and transportation infrastructure supporting logistics
• Headquarters and major operations for Paycom, Devon Energy, Love’s Travel Stops, and Hobby Lobby

Oklahoma City consistently ranks among the best mid-sized cities for quality of life, job growth, and economic diversification. Its strong population fundamentals and ongoing development pipeline create long-term support for essential retail anchors like Walmart.

Trade Area and Demographic Profile

The subject property benefits from a well-established and densely populated trade area. Within a 5-mile radius of the Walmart Supercenter:

• Total population exceeds 150,000
• Median household income ranges from $60,000 to $85,000
• High mix of working families, young professionals, and retirees
• Presence of military households tied to Tinker Air Force Base
• Balanced mix of renters and homeowners
• Retail spending patterns favor value-oriented, one-stop retail formats
• Limited competition from comparable grocery-retail anchors within immediate submarket

The demographic profile supports sustained foot traffic and repeat purchases. Walmart’s ability to draw from all income tiers, ethnic backgrounds, and lifestyle categories gives it unmatched customer loyalty and transaction frequency.

Property Overview – Walmart Supercenter Format

The Oklahoma City property is a full-format Walmart Supercenter, typically ranging from 180,000 to 220,000 square feet. These large-format stores are designed for high-volume retail sales, grocery distribution, and on-site service delivery. They are also core to Walmart’s e-commerce fulfillment strategy, acting as last-mile logistics hubs.

Features typically include:

• Full-service grocery department with fresh produce, deli, bakery, and meat sections
• General merchandise ranging from apparel to electronics, household goods, seasonal items, and toys
• In-store pharmacy with drive-thru service
• Vision center and licensed health providers in select locations
• Garden center, automotive service area, and financial service counters
• Dedicated pickup zones for e-commerce and mobile order fulfillment
• Ample surface parking with multiple access points
• Signalized corner locations or high-traffic corridors with strong visibility
• Integrated security and surveillance systems

This Supercenter location acts as both a daily destination and a regional retail anchor. Its positioning within a primary retail corridor ensures high brand visibility and consistent shopper engagement.

Strategic Role in Walmart’s Omnichannel Strategy

Walmart continues to transform its real estate assets into hybrid physical-digital ecosystems. Supercenter locations like Oklahoma City are not just storefronts—they are operational platforms for healthcare delivery, e-commerce, financial services, and last-mile logistics.

Ongoing strategic initiatives:

• Walmart+ membership program and digital loyalty expansion
• Grocery delivery and same-day pickup through mobile app and online portal
• In-store clinics and growing Walmart Health centers offering primary care
• Micro-fulfillment infrastructure layered onto existing Supercenter locations
• AI and automation integration in supply chain and inventory tracking
• Renewable energy adoption and ESG-focused improvements
• Delivery partnerships using autonomous vehicles and drone technology

This evolution enhances the long-term value of Supercenter real estate and reinforces Walmart’s need for core, high-performing locations—especially in growing and resilient markets like Oklahoma City.

Investment Summary

• Walmart Supercenter with long-term corporate lease
• Net lease structure offering passive income and low landlord burden
• Located in Oklahoma City MSA—fast-growing, diversified regional economy
• Strong demographics, growing household income, and expanding residential base
• Full-format Supercenter with essential retail services and e-commerce integration
• High renewal probability supported by operational performance and local demand
• Investment-grade credit tenant with AA rating from S&P
• Strong alignment with future of retail and logistics
• Ideal for 1031 exchange, institutional buyers, and long-hold investors
• Located in a tax-friendly, business-supportive state with low regulatory burden

Conclusion

The Walmart Supercenter in Oklahoma City, Oklahoma, provides a rare opportunity to acquire a mission-critical asset leased to the world’s largest retailer in a thriving, economically resilient market. The property’s location, tenant credit, lease structure, and alignment with long-term retail trends create a powerful combination of immediate cash flow and future-proof asset value.

With the ongoing transformation of retail into a physical-digital hybrid, Supercenter locations like this are no longer just stores—they are infrastructure. They facilitate grocery access, healthcare services, financial transactions, and e-commerce fulfillment all in one footprint. For investors seeking durable income backed by an irreplaceable location and the strongest possible tenant, this asset represents a premier acquisition in the national net lease market.