Walmart Supercenter

Walmart Supercenter – Greensboro, North Carolina (Greensboro–High Point MSA)

The Walmart Supercenter located in Greensboro, North Carolina represents a premier opportunity to acquire a nationally recognized, single-tenant net leased property anchored by Walmart Inc.—the world’s largest retailer and the leading provider of essential services in the United States. Strategically positioned within the Greensboro–High Point metropolitan statistical area (MSA), this high-performing Supercenter serves as a critical retail and logistics hub in one of the most economically diversified and fastest-growing regions in North Carolina.

As a full-service Supercenter, this Walmart location delivers a broad range of services including grocery, pharmacy, general merchandise, in-store healthcare, and mobile order pickup. Its footprint and operational scale enable it to function as a regional center of commerce, drawing repeat foot traffic from a multi-county trade area. Positioned in a densely populated corridor with strong local infrastructure, the store benefits from exceptional visibility, access to key roadways, and close proximity to residential communities, schools, and public services.

Structured under a corporate-backed, long-term net lease, the property offers investors durable income, minimal landlord obligations, and alignment with Walmart’s forward-looking omnichannel strategy. This investment is ideal for 1031 exchange buyers, REITs, private family capital, and institutional investors seeking exposure to irreplaceable real estate with long-term stability.

Tenant Overview – Walmart Inc.

Walmart Inc. (NYSE: WMT) is the largest private employer in the U.S. and the world’s leading company by revenue, serving over 240 million customers weekly through more than 10,500 stores globally. With over $600 billion in annual revenue, Walmart continues to maintain its position as a dominant player in the grocery, pharmaceutical, financial services, and e-commerce sectors.

Walmart’s investment-grade credit rating (AA from S&P) and scale-driven business model offer unmatched lease security in the commercial real estate sector. The company’s Supercenter format—its most comprehensive and resilient store type—serves as both a physical retail outlet and a vital last-mile fulfillment and logistics center.

Key financial and operational highlights:

• Fortune 1 company by total revenue
• $600B+ in global annual sales
• Over 4,600 stores in the U.S.
• 90% of Americans live within 10 miles of a Walmart location
• Largest employer in the country with over 1.6 million U.S. associates
• Expanding into healthcare, fintech, last-mile delivery, and micro-fulfillment
• Strategic use of real estate assets to anchor e-commerce integration

As a tenant, Walmart is considered among the most secure in the world, and its Supercenter locations offer unmatched durability in terms of sales volume, consumer loyalty, and lease retention.

Lease Structure – Net Lease (NNN)

The Walmart Supercenter in Greensboro operates under a corporately guaranteed, long-term net lease. This lease structure delivers highly predictable income with limited landlord responsibilities, making it particularly well-suited to passive real estate investors and 1031 exchange buyers seeking long-term wealth preservation.

Lease highlights:

• Walmart Inc. is the sole tenant and guarantor
• Net lease structure – tenant responsible for real estate taxes, insurance, and maintenance
• Long initial lease term with structured renewal options
• High likelihood of lease renewal based on strategic site relevance and traffic volume
• Minimal-to-no landlord obligations related to building structure or capital improvements
• Ideal asset class for institutional capital seeking income-generating, low-risk exposure

The passive nature of the lease structure allows for predictable cash flow and tax efficiency, especially within estate planning, trust structures, or cash-out refinance strategies.

Market Overview – Greensboro, North Carolina

Greensboro is the third-largest city in North Carolina and a cornerstone of the Piedmont Triad region, which also includes Winston-Salem and High Point. The Greensboro–High Point MSA is a dynamic and growing market that combines a well-educated workforce, strategic logistics infrastructure, a diversified economy, and an expanding base of residential development.

The city’s central location within the state and its access to multiple major interstates (I-40, I-85, and I-73) make it a preferred location for regional headquarters, distribution centers, and advanced manufacturing facilities. Greensboro is also home to multiple universities and research institutions, which contribute to an innovation-driven workforce.

Market fundamentals:

• MSA population exceeding 780,000 with continued growth
• Home to University of North Carolina at Greensboro, North Carolina A&T, and Guilford College
• Major employers include Honda Aircraft, Volvo Trucks, Cone Health, and FedEx
• Serviced by Piedmont Triad International Airport with major logistics and cargo operations
• Strategic geographic positioning along the I-85 corridor between Atlanta and Washington, D.C.
• Favorable cost of living and pro-business economic policies
• Increasing residential construction and urban revitalization efforts

Greensboro is often recognized for its livability, accessibility, and stable economic base. These factors combine to create a strong long-term foundation for retail demand and tenant performance.

Trade Area & Demographics

The Walmart Supercenter draws from a wide trade area that encompasses a blend of urban and suburban households, university students, working professionals, and retirees. The 5-mile trade area surrounding the subject property includes:

• Total population exceeding 125,000
• Median household incomes between $60,000 and $85,000
• High proportion of dual-income households and college-educated residents
• Above-average consumer spending on groceries, healthcare, and essential goods
• Balanced mix of owner-occupied and rental housing
• Excellent road connectivity and daily traffic counts exceeding 35,000 VPD

These demographics contribute to Walmart’s continued strength in this location, with high consumer loyalty, frequent repeat visits, and a broad spectrum of service offerings that meet the community’s needs.

Property Overview – Walmart Supercenter Format

Walmart Supercenters typically range from 180,000 to 220,000 square feet and are the most expansive version of the Walmart format, designed to provide all-in-one access to essential goods, services, and convenience offerings.

Features of this Greensboro location may include:

• Full grocery store: produce, deli, meat, frozen, bakery, and packaged goods
• In-store pharmacy with drive-thru access
• Vision center, immunization station, and walk-in clinic
• Garden center and outdoor seasonal merchandise section
• Auto care center and tire service bays
• General merchandise: apparel, electronics, home goods, toys, and more
• Financial services including check cashing, wire transfer, and bill pay
• Dedicated mobile order pickup and delivery fulfillment area
• Integrated logistics support for same-day or next-day e-commerce delivery
• Ample parking with well-structured ingress and egress routes
• High-visibility location along a primary Greensboro commercial corridor

These features allow the property to function not only as a retail destination but also as a logistics asset within Walmart’s national distribution network.

Walmart’s Strategic Evolution

Walmart is no longer simply a retail tenant. It is an integrated service platform that merges physical infrastructure with digital engagement to deliver groceries, health services, e-commerce, and financial services to nearly every U.S. zip code.

Walmart’s evolving strategy includes:

• Expansion of Walmart Health clinics in select Supercenter locations
• Pharmacy leadership in prescription volume and low-cost generics
• Launch of Walmart+ subscription platform to rival Amazon Prime
• Investment in micro-fulfillment centers to improve last-mile delivery
• Testing of drone delivery and autonomous vehicle logistics
• Digital transformation of inventory and store management systems
• Enhanced ESG initiatives including solar power and electric vehicle infrastructure

These initiatives enhance the real estate value and operational importance of Supercenter locations, especially in regional hubs like Greensboro.

Investment Highlights

• Walmart Supercenter with long-term corporate-backed net lease
• Passive ownership with minimal landlord obligations
• AAA location in Greensboro, North Carolina—Piedmont Triad economic hub
• Irreplaceable real estate asset with regional traffic draw
• Full-format Supercenter with grocery, pharmacy, retail, financial, and logistics services
• Trade area with strong demographics and high consumer density
• Ideal for 1031 exchanges, REIT portfolios, and long-term wealth preservation
• High renewal probability and tenant reinvestment based on store performance
• Strategic lease structure with inflation resilience and corporate security
• Positioned in a business-friendly state with economic momentum and population growth

Conclusion

The Walmart Supercenter in Greensboro, NC stands as a premier investment-grade retail asset in one of North Carolina’s most important economic regions. With a long-term net lease to Walmart Inc., a top-ranked Fortune 500 company, this property delivers secure income, operational stability, and long-term capital preservation.

Its strategic location, trade area fundamentals, and alignment with Walmart’s future-facing service model make this a cornerstone investment for those seeking high-quality retail exposure in the net lease space.