Cleeman Realty Group arranges off-market sale of net lease Walmart Neighborhood Market in Shreveport

Shreveport, LA Cleeman Realty Group negotiated the sale of a net-leased Walmart Neighborhood Market located at 412 Bert Kouns Industrial Loop. The property consists of 41,921 s/f situated on 6.67 acres and is operated by corporate Walmart Inc. under a long-term NNN lease structure.

Ben Blaine and Michael Cleeman of Cleeman Realty Group represented the buyer and seller.

Constructed in 2016, the property benefits from strong fundamentals, including a high-performing location that ranks among the top 25% of Walmart locations nationwide. The asset features stable in-place cash flow and offers long-term upside through multiple extension options with built-in rental increases.

“This transaction highlights the continued demand for high-quality, net-leased grocery assets backed by strong corporate credit,” said Cleeman, president of Cleeman Realty. “Investors remain focused on properties that provide predictable income and long-term stability with minimal management responsibilities.”