Walmart Supercenter

Walmart Supercenter – Mobile, Alabama (Mobile MSA)

The Walmart Supercenter located in Mobile, Alabama presents an outstanding opportunity to acquire a long-term net-leased asset backed by Walmart Inc., the world’s largest retailer and an essential-service provider with national dominance in both brick-and-mortar and e-commerce sales. This full-format Supercenter serves as a regional destination for grocery, pharmacy, general merchandise, financial services, and last-mile e-commerce fulfillment in the heart of the Mobile metropolitan statistical area (MSA)—a growing, diverse Gulf Coast market with strong transportation infrastructure and long-term economic drivers.

The asset is positioned along one of Mobile’s primary commercial corridors and benefits from high daily traffic, excellent access, and visibility. As with many Walmart locations nationwide, this property anchors a dense trade area with minimal redundancy and serves as a community’s core shopping destination, capturing consistent repeat visits across all income and demographic groups. The store draws from a wide radius and performs critical service functions beyond retail, including low-cost prescriptions, check cashing, bill pay, and online order pickup—all integral to Walmart’s omnichannel strategy.

This opportunity offers an investor the ability to acquire a corporately guaranteed income stream with limited landlord responsibilities, inflation-resilient rent, and a physical location that is both economically irreplaceable and operationally significant to Walmart’s Southeastern U.S. footprint.

Tenant Overview – Walmart Inc.

Walmart Inc. (NYSE: WMT) is the most recognized and trusted name in global retail. Operating more than 10,500 stores worldwide—including over 4,600 across the U.S.—Walmart generates over $600 billion in annual revenue and serves more than 240 million customers weekly. As the top-ranked company on the Fortune 500 list and the nation’s largest grocer, Walmart provides more food, medicine, and everyday essentials to American families than any other retailer.

Its Supercenter stores are critical infrastructure in communities large and small, offering the widest range of merchandise under a single roof and often fulfilling roles that extend into logistics, last-mile delivery, and health services.

Walmart financial highlights:

• Fortune 1 company in the U.S.
• Over $600B in annual revenue
• More than 1.6 million employees in the U.S. alone
• AA-rated by Standard & Poor’s
• Largest grocery retailer in the U.S.
• Top 5 pharmacy chain by volume
• Expanding into health, fintech, and digital logistics

Walmart’s investment into omni-service integration has positioned its real estate holdings as multi-functional service hubs. The Supercenter format—particularly in markets like Mobile—continues to outperform other retail formats, both in terms of volume and tenant retention.

Lease Structure – Net Lease

This Walmart Supercenter is governed by a long-term, corporate-guaranteed net lease that offers investors a low-risk, stable income stream with minimal landlord responsibilities. Leases of this structure are highly sought after due to the credit quality of the tenant, the operational necessity of the location, and the scalability of rent over time.

Lease highlights:

• Walmart Inc. is the sole tenant and lease guarantor
• Corporate net lease structure—tenant responsible for taxes, insurance, and maintenance
• Long lease term with renewal options, typical of Supercenter commitments
• Consistent rent payments with built-in increases (if applicable)
• Minimal landlord obligations—no management, no capital expense liability in most cases
• Ideal for long-hold strategies, family offices, REITs, and 1031 exchange reinvestment

This structure offers true mailbox money: a stable income stream that is resilient to market volatility and highly passive, with corporate credit support.

Market Overview – Mobile, Alabama

Mobile, Alabama is one of the most strategically located cities along the Gulf Coast. As Alabama’s only seaport and a key economic center for the Southeast, Mobile is home to a diverse mix of industries, including maritime, aerospace, manufacturing, petrochemicals, shipbuilding, and tourism. The Port of Mobile is among the top 10 largest ports in the United States by tonnage and is undergoing continued expansion to support increased trade and logistics.

With a metro population of approximately 430,000, Mobile continues to attract business investment and residential growth due to its affordability, access to natural resources, and a strategic transportation network that includes interstate highways, railroads, and waterways.

Key economic highlights:

• Headquarters for Austal USA, a top U.S. shipbuilder
• Home to Airbus’ U.S. manufacturing facility
• Strong healthcare sector with providers like Infirmary Health and USA Health
• Supported by the University of South Alabama and Bishop State Community College
• Ongoing port expansion fueling logistics and distribution growth
• Regional transportation hub via I-10, I-65, and the Mobile Aeroplex at Brookley
• Consistent growth in manufacturing and aerospace employment

The city’s pro-business regulatory environment and infrastructure investments position it for continued job growth and economic stability.

Demographics – Trade Area Overview

The Walmart Supercenter is strategically located within a high-density consumer corridor of Mobile, drawing a broad trade area that includes urban neighborhoods, growing suburban zones, and regional shoppers commuting in from neighboring counties. Within a 5-mile radius of the property:

• Population exceeds 95,000
• Median household income ranges from $50,000 to $65,000
• Diverse demographic mix with broad consumer appeal
• Balanced mix of renters and homeowners
• High percentage of repeat shopping behavior typical of value-oriented households
• Surrounded by medical clinics, schools, government offices, and light industrial facilities

Walmart’s ability to serve diverse communities across income tiers, family sizes, and lifestyle preferences is a key part of its success. In Mobile, the Supercenter format captures a high volume of essential service demand, ranging from grocery and pharmacy to budget apparel and utility bill services.

Property Overview – Walmart Supercenter Format

This property operates as a full-size Supercenter, Walmart’s most comprehensive retail model. These locations typically range from 180,000 to 220,000 square feet and support Walmart’s core functions: retail, grocery, pharmacy, e-commerce, and logistics.

Typical property features:

• In-store grocery including fresh produce, meat, deli, dairy, bakery, and frozen
• General merchandise departments including apparel, home goods, seasonal, toys, and electronics
• In-house pharmacy and healthcare access
• Money services, bill payment, check cashing, and financial kiosks
• Garden center and automotive services
• Mobile order pickup and curbside delivery infrastructure
• Ample surface parking with efficient ingress/egress
• High-traffic arterial location with strong visibility and monument signage

The layout is designed for both walk-in traffic and logistics optimization, reinforcing the store’s long-term utility and importance within Walmart’s national portfolio.

Walmart’s Strategic Evolution – Beyond Retail

Walmart has aggressively evolved its business model to integrate technology, healthcare, and digital logistics, ensuring long-term relevance and growth. As part of this transformation, Supercenters have become hybrid service hubs, offering not just goods, but also primary care, financial products, and order fulfillment.

Strategic pillars:

• Walmart+ membership platform, rivaling Amazon Prime
• Nationwide rollout of Walmart Health centers offering low-cost primary care
• Last-mile delivery hubs and micro-fulfillment centers within existing stores
• Renewable energy integration, including solar panels and EV charging stations
• Partnerships for drone and autonomous vehicle delivery
• Digital transformation of inventory systems and customer service
• Internal logistics company GoLocal expanding Walmart’s last-mile reach

These initiatives ensure Walmart’s real estate footprint remains vital for decades to come—especially Supercenter sites like the Mobile location, which serve as key regional assets in underserved markets.

Investment Summary

• Walmart Supercenter in a core Southern MSA with a diversified economy
• Corporate net lease offering passive, long-term income with minimal obligations
• Strong tenant credit – Walmart Inc., AA-rated, publicly traded Fortune 1 company
• Essential service retail with recession-resistant customer demand
• Strategic location near major highways, the Port of Mobile, and residential zones
• Full-format Supercenter with grocery, pharmacy, general merchandise, and e-commerce pickup
• Robust trade area with over 95,000 people in a 5-mile radius
• Positioned for long-term retention, minimal competition, and high traffic
• Ideal for 1031 exchange buyers, REITs, and long-hold institutional investors

Conclusion

The Walmart Supercenter in Mobile, Alabama offers a highly compelling opportunity for investors seeking durable, passive income supported by the world’s most dominant retail tenant. With a strategic lease structure, essential service mix, and prime Gulf Coast location, the asset delivers secure cash flow, high renewal potential, and enduring relevance in a fast-changing consumer landscape.

As Walmart continues to expand its role in healthcare, financial services, and logistics, its Supercenter properties have evolved into multi-functional infrastructure assets. In growth markets like Mobile, this evolution enhances both income security and long-term property value.

For investors focused on asset-backed stability, demographic support, and long-term utility, this Supercenter stands out as a cornerstone holding in a balanced net lease portfolio.