Second land buy for Walmart adds to retailer’s Buckeye footprint

Article originally posted on Phoenix Business Journal on August 13, 2026

Walmart closed on two different properties in Buckeye within the past week, acquiring almost 80 acres for $21,375,692 total.

The two sites are near each other along Southern Avenue but aren’t adjacent.

The first site previously reported by the Business Journal is roughly 38 acres, and Walmart acquired it from Scottsdale-based Cardinal Capital Co. LLC for $11,818,700 on July 30.

It’s located at the northeast corner of State Route 85 and Southern Avenue – in a part of the city where several new industrial projects geared toward warehousing and distribution users are planned or underway.

The second site is roughly 40 acres, and Walmart paid $9,556,992 for it on August 5, according to real estate database Vizzda. It bought the property from two entities tracing to Zeitlin Capital.

It’s located at the southeast corner of Apache Boulevard and Southern Avenue, next to an existing Walmart distribution center that the retailer already owns.

Walmart’s plans for the Buckeye land are unclear. The company did not respond to requests for comment.

But more retailers appear to be betting on Buckeye as a burgeoning distribution hub, especially along SR 85.

Discount clothing company Burlington is building out a new two-million-square-foot regional distribution center off SR 85 and Broadway Road. It acquired the 178-acre site for the project at the end of December for $68 million.

Most national retailers and e-commerce players already have some footprint in the West Valley, and Walmart’s is sizeable.

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