Walmart – Fort Lauderdale, FL

The Issenberg Britti Group of Surmount is pleased to present the opportunity to acquire the absolute NNN Ground Lease to a Walmart Supercenter located at 2500 West Broward Boulevard, in the heart of Fort Lauderdale, Florida. The single-tenant property consists of a freestanding building comprised of approximately 157,459 square feet of retail space and is situated on a large 15.61-acre parcel of land with prime frontage to West Broward Boulevard, one of Broward County’s primary East-West commercial corridors.

The property is ideally located within an extremely dense, infill retail corridor and benefits from excellent visibility, superior access, and immediate proximity to Interstate 95. With frontage to West Broward Boulevard and direct access to I-95, the property is visible to a combined traffic count exceeding 336,000+ vehicles per day, and benefits from Walmart’s outsized draw in this submarket along with cross-traffic generated by neighboring national retailers. The location also benefits from strong, established demographics, with more than 415,000 residents and 167,000+ households within a 5-mile trade area, and average household income reaching $98,057.

The immediate trade area is home to a deep bench of national, regional, and local retailers, including Marshalls, Five Below, Planet Fitness, Crumbl Cookies, DTLR, Wawa, IHOP, McDonald’s, Panda Express, Popeyes, Starbucks, Papa John’s, Public Storage, and U-Haul, among numerous others, reinforcing the corridor as a dominant regional shopping destination.

Walmart operates under a 20-Year absolute NNN lease that commenced October 30, 2015, generating current annual rent of $1,300,000, with scheduled 5.00% rental increases throughout the option periods, providing a secure, long-duration, and inflation-hedged income stream.

Walmart Inc. (NYSE: WMT) is a people-led, tech-powered omnichannel retailer visited by approximately 280 million customers and members each week across more than 10,900 stores and numerous eCommerce platforms in 19 countries. For fiscal year 2026, Walmart reported total revenue of $713 billion and employs approximately 2.1 million associates worldwide, reaffirming its position as the world’s largest retailer and one of the most secure corporate tenants available in the net lease market today.