Real Estate

Walmart Puts Sam's Club Spot Up for Sale As It Preps Two Bachman Lake Locations

Last month, you no doubt recall, Walmart announced its $200-million expansion said to involve "more than a dozen new projects in the city of Dallas," though only a handful were announced at the time. Since then I've learned of at least one more on the to-do list: Right next to the previously announced Sam's Club at Webb Chapel and Northwest Highway -- which replaces the 124,623-square-footer built in '84 on the way to Las Colinas -- Walmart is planning on building a, well, Walmart. No word on whether it's a Walmart Supercenter or a Neighborhood Market.

It would replace the Bachman Lake Village shopping center that was long ago home to Sound Warehouse and Office Depot -- which means the likes of Al's Pizzeria and Titan Comics are in the process of finding new homes. It also means that side of Bachman Lake will be surrounded by Sam's, Walmart and that Target at Lemmon and Northwest Highway said to be the highest-volume location in town.

And now we know when the Sam's will open, more or less: On Friday CB Richard Ellis posted an ad on LoopNet for the existing location next to, oh, The Lodge, let's say (No. 8248). Says the virtual for-sale sign out in front of the soon-to-be-vacant Sam's: "The property is a retail 'big box' currently occupied by a Sam's Club until late 2011 at which [time] the property will become vacant." And it'll only run you $3.75 million for what'll surely be the largest gentleman's club in town.

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Robert Wilonsky
Contact: Robert Wilonsky