Walmart Supercenter

Walmart Supercenter – Henderson, Nevada (Las Vegas MSA)

The Walmart Supercenter located in Henderson, Nevada offers investors a high-quality opportunity to acquire a net-leased retail asset backed by Walmart Inc., the world’s largest retailer and one of the most reliable, investment-grade tenants in the marketplace. Strategically positioned within the Las Vegas–Henderson–Paradise metropolitan statistical area—commonly known as the Las Vegas MSA—this location benefits from a strong mix of population growth, economic diversity, and long-term market resilience.

Henderson is one of the fastest-growing cities in the Western United States, consistently attracting new residents, businesses, and capital due to its proximity to Las Vegas, its favorable tax climate, and its high quality of life. The Walmart Supercenter at this location serves as a critical retail hub for a densely populated and economically active trade area. It draws daily traffic from residents, commuters, and tourists, and functions not only as a full-service retail destination but also as an essential supply node in Walmart’s national distribution and fulfillment network.

With a long-term lease guaranteed by Walmart Inc., minimal landlord obligations, and an irreplaceable location in one of Nevada’s strongest suburban markets, this offering is ideally suited for institutional buyers, private investors, family offices, and 1031 exchange participants seeking stable, passive income with high-credit tenancy.

Tenant Overview – Walmart Inc.

Walmart Inc. (NYSE: WMT) is the world’s largest company by revenue and one of the most creditworthy tenants in the commercial real estate sector. The company operates more than 10,500 retail units worldwide, including approximately 4,600 Walmart locations in the United States alone. Walmart’s annual revenue exceeds $600 billion, and its S&P credit rating of AA underscores its unparalleled financial strength.

As a tenant, Walmart brings unmatched operational reliability, consistent lease renewal history, and an extraordinary level of customer loyalty. It is widely considered a cornerstone brand in essential-service retailing.

Key Walmart tenant highlights:

• Ranked No. 1 on the Fortune 500 list
• Over 240 million global customers served weekly
• More than 1.6 million U.S.-based employees
• Leader in both brick-and-mortar and digital commerce
• Continued reinvestment into logistics, healthcare, and financial services
• Long-standing record of occupancy and lease renewal at strategic locations

The Supercenter format remains Walmart’s most successful and vital operating model, designed to serve both traditional in-person shoppers and online fulfillment customers. These stores generate high daily traffic and provide critical last-mile support for Walmart’s rapidly growing e-commerce infrastructure.

Lease Structure – Net Lease With Corporate Guaranty

The subject property is leased directly to Walmart Inc. under a long-term, net lease structure. These leases are designed to reduce operational burden on landlords while ensuring predictable cash flow and minimal risk exposure.

Typical net lease characteristics include:

• Walmart is responsible for property taxes, insurance, and most maintenance
• Tenant covers operating expenses and day-to-day management costs
• Often includes roof, structure, and parking lot responsibilities, depending on the lease
• Landlord enjoys passive income with virtually no hands-on involvement
• Lease is backed by Walmart’s corporate credit

These leases are ideal for passive investors, 1031 exchange buyers, and institutions seeking durable, income-producing real estate without active management obligations.

Market Overview – Henderson, Nevada (Las Vegas MSA)

Henderson is a dynamic and rapidly growing city located approximately 15 minutes southeast of the Las Vegas Strip. As the second-largest city in Nevada, Henderson plays a key role in the economic and residential growth of the Las Vegas MSA. Its population has exploded over the past two decades due to its affordability, master-planned communities, low tax environment, and strong local governance.

Key economic drivers for Henderson and the greater Las Vegas region include:

• Tourism and hospitality anchored by the Las Vegas Strip
• Aerospace and defense industries including nearby Nellis Air Force Base
• Healthcare and medical research
• Logistics and distribution, driven by strategic Southwestern U.S. positioning
• Technology and renewable energy sectors
• Large-scale residential and commercial development

Henderson is consistently ranked as one of the best places to live in Nevada due to its clean infrastructure, excellent school systems, access to outdoor recreation, and community safety. As such, it continues to attract working professionals, retirees, and businesses alike.

Demographics and Trade Area Profile

The Walmart Supercenter in Henderson serves an affluent and growing suburban demographic. Within a 5-mile radius:

• The population exceeds 190,000 residents
• Average household income exceeds $95,000
• High homeownership rates with a stable, middle-to-upper-income resident base
• Diverse age groups including retirees, professionals, and young families
• Significant daytime population due to nearby office, healthcare, and industrial facilities
• Strong tourism impact and seasonal consumer surges

Henderson’s consumer base is especially receptive to value-driven, full-service retail. Walmart Supercenters are widely regarded in this market as one-stop solutions for both grocery and general merchandise. The area’s continuing residential expansion ensures a consistent and growing consumer base well into the future.

Property Overview – Full-Service Walmart Supercenter

The subject property is a freestanding Walmart Supercenter, built to Walmart’s nationally recognized prototype. The building and site design emphasize high-volume retail sales and operational efficiency, with a broad mix of merchandise and services offered under one roof.

Standard Supercenter attributes:

• 180,000 to 220,000 square feet of gross leasable area
• Grocery store with full fresh food sections including produce, bakery, meat, and dairy
• General merchandise including electronics, apparel, housewares, and more
• In-store pharmacy and health & wellness center
• Auto care center, outdoor garden section, and seasonal product areas
• Site infrastructure supporting significant traffic volumes, including 500+ parking stalls
• Monument signage and visibility from main thoroughfares
• Positioned near other national retailers, restaurants, banks, and gas stations

The property functions not only as a local shopping center but also as a vital fulfillment point for Walmart’s regional delivery operations. The Supercenter’s location in Henderson provides excellent access to regional highways, logistics corridors, and urban populations across Clark County.

Walmart’s Strategic Outlook and Investment in Infrastructure

Walmart continues to evolve beyond traditional retail. Its corporate strategy involves heavy reinvestment into:

• Online grocery pickup and next-day delivery
• Walmart Health clinics offering affordable medical services
• In-store financial offerings and partnerships with fintech startups
• Use of artificial intelligence and robotics in distribution centers and stores
• Smart inventory systems and real-time analytics
• Renewable energy initiatives including solar and EV infrastructure
• Expanded digital footprint with omni-channel order fulfillment

The Supercenter format plays a crucial role in Walmart’s broader digital logistics strategy. As the retailer transitions into a hybrid digital and physical commerce powerhouse, its existing real estate—particularly locations like Henderson—gain even greater value as infrastructure assets, not just retail outposts.

Investment Summary

• Net leased to Walmart Inc. – AA-rated, Fortune 1 tenant
• Passive ownership structure with minimal landlord responsibility
• Located in Henderson, NV – one of the fastest-growing cities in the Southwest
• Core suburb of Las Vegas MSA with high residential growth and strong consumer demand
• Dense, stable, and affluent population within close proximity
• Strategic logistics location with strong real estate fundamentals
• Freestanding building with full-service offerings and strong co-tenancy
• Long-term income stream with high probability of lease renewal

Conclusion

The Walmart Supercenter in Henderson, Nevada represents one of the most compelling net lease investment opportunities available in the Western U.S. Backed by the financial strength and operational excellence of Walmart Inc., this asset offers stable, predictable income, little to no management obligations, and a long-term foothold in one of the country’s strongest suburban markets.

Henderson’s rapid growth, economic diversity, and residential expansion reinforce the long-term viability and value appreciation of the underlying real estate. As Walmart continues to innovate and adapt to the future of commerce, strategic locations like this one remain critical to their success—and valuable to long-term investors.