Walmart Strip Center - Investment Sale

This ±20,278 SF retail center, nestled on ±2.35 acres in Riverdale, Utah, is not just a property but a strategic asset. It is strategically located in one of the largest retail hubs in Weber/Davis Counties, boasting a robust mix of national tenants and a prime location within a thriving commercial corridor. The property’s value is further enhanced by its proximity to Weber State University, located just 4 miles away with an enrollment of 30,536 students, and Hill Air Force Base, only 2.1 miles away, which is one of the largest employers in Utah and a significant contributor to the local economy. The Walmart Strip Center is not just a property but a stable investment. It features a dynamic tenant lineup, including ABS Kids Therapy and Dollar Tree, secured under long-term NNN leases. These leases provide a stable income, ensuring the center’s high occupancy. The center’s location, near high-traffic retail anchors Walmart, Sam’s Club, Home Depot, Target, Best Buy, Sportsman’s Warehouse, Home Goods, and Sierra Trading Post, further enhances its stability, driving significant customer footfall. Notably, Dollar Tree’s lease is below market rent, presenting a value-add opportunity for future rental growth.