5555 Buckner Blvd Dallas, TX 75228
- Outlet malls
- 116,649 SF
- 10.83 lot acres
Current Use by Public Records
- Sam's Club Bakery / Bakery
- Sam's Club / Bakery / Electronics Store
- Sam's Club Connection Center / Cell Phone Store
- Ta Eye Associates - Dallas / Optometrist
- Sam's Club Pharmacy / Pharmacy
Property Details for 5555 Buckner Blvd
- Year built
- 1991
- Construction
- TILT-UP CONCRETE
- Lot size
- 10.83 lot acres
- Property size
- 116,649 SF
- Zone code
- Z248
- Property type
- Outlet malls
- APN
- 008475000A02A0000
- APU
- 008475000A02A0000
Description
This exceptional investment opportunity presents a 140,883-square-foot Sam's Club situated on an 11.77-acre lot in Dallas, Texas. The property boasts a strong net lease with a remaining term of 8.7 years, plus eight 5-year options extending to 2073. The tenant, Sam's Club, a subsidiary of Walmart (NYSE: WMT), enjoys a prime location at the intersection of Sammuel Boulevard and Buckner Boulevard, benefiting from a combined daily traffic count exceeding 49,400 vehicles. The property's strategic location is further enhanced by its proximity to other major retailers, including a Walmart Supercenter, CVS, Bank of America, Whataburger, and several fast-food chains. The asking price is $15,945,000, representing a 5.00% cap rate and a net operating income (NOI) of $797,261. Landlord responsibilities are limited to the roof, structure, and parking lot, making this an ideal low-maintenance investment. The property's long-term lease, coupled with Walmart's investment-grade credit rating (S&P: AA), provides investors with exceptional stability and predictable cash flow for decades to come. This is a rare opportunity to acquire a highly sought-after, single-tenant net lease asset in a rapidly growing market. The property's size and location within a dense commercial area, combined with the strength of the tenant and the lease terms, make this a compelling investment proposition.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dallas
- County
- Dallas
- State
- Texas
- Longitude
- -96.6867
- Latitude
- 32.7937
- CBSA code
- 19100
- CBSA name
- DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA