Senior Manager, Real Estate - Tenant Leasing

Walmart; Bentonville (AR); On-site; USD 80,000 - 155,000; Full time

Job summary

A leading retail corporation is seeking a Senior Manager, Real Estate – Tenant Leasing to drive business growth in Bentonville. The role involves managing tenant relationships and facilitating negotiations while upholding compliance standards. Ideal candidates should have experience in the food industry and strong negotiation and project management skills. Competitive pay and comprehensive benefits are offered.

Benefits

Health benefits including medical, vision, and dental coverage

401(k) and stock purchase options

Paid time off and family care leave

Qualifications

• Experience in the food/QSR space with franchisee development, leasing, and relationship management.
• Strong understanding of compliance strategies and risk mitigation.
• Commitment to company values and continuous improvement.

Responsibilities

• Foster strong partnerships with national food tenants.
• Lead business development initiatives for tenant leasing.
• Negotiate property uses to maximize value.

Skills

Negotiation skills

Analytical skills

Project management skills

Communication skills

Relationship-building skills

Education

Bachelor’s degree in Architecture, Construction Management, Information Technology, Engineering, or related field

Job description

Position Summary

The Senior Manager, Real Estate – Tenant Leasing, plays a key role in driving business growth for Walmart’s Tenant Leasing team by managing a national portfolio with a strong focus on business development. This role supports our national food tenants across the U.S., proactively identifying, evaluating, and pursuing new business opportunities while building and nurturing strong tenant relationships. As the primary liaison between food tenants and Walmart, the Senior Manager ensures effective communication and collaboration, negotiates property uses, ensures compliance with lease terms, and manages tenant accounts. The ideal candidate has a background in the food/QSR (Quick Service Restaurant) space, including franchisee development and relationship building with restaurants. The Senior Manager will work closely with internal and external partners to advance strategic business objectives, oversee deal negotiations, and uphold Walmart’s reputation and customer experience.

What you’ll do

• Support the national food tenants in our stores across the U.S., fostering strong partnerships.
• Lead business development initiatives to grow and expand the tenant leasing portfolio.
• Manage and optimize a portfolio of tenant relationships and business opportunities.
• Negotiate property uses and lease terms to maximize value and minimize risk.
• Ensure compliance with all lease agreements and company policies.
• Collaborate with cross-functional teams and external partners to support business unit goals.
• Conduct market analysis and research to inform business strategy and identify emerging trends.
• Promote Walmart’s brand and enhance the overall customer experience.
• Prepare and present reports, proposals, and recommendations to senior leadership.

What You’ll Bring…

• Experience in the food/QSR space with franchisee development, leasing, and relationship management with restaurants.
• Experience in real estate management and business development.
• Strong negotiation, analytical, and project management skills.
• Ability to collaborate effectively with internal and external stakeholders.
• Excellent communication, presentation, and relationship-building skills.
• Demonstrated ability to drive results and manage multiple priorities.
• Strong understanding of compliance strategies, risk mitigation, and industry best practices.
• Commitment to company values, ethics, and continuous improvement.
• A Juris Doctorate or degree in Real Estate, Business, Finance, or a related field is preferred.

At Walmart, we offer competitive pay as well as performance-based bonus awards and other great benefits for a happier mind, body, and wallet. Health benefits include medical, vision and dental coverage. Financial benefits include 401(k), stock purchase and company-paid life insurance. Paid time off benefits include PTO (including sick leave), parental leave, family care leave, bereavement, jury duty, and voting. Other benefits include short-term and long-term disability, company discounts, Military Leave Pay, adoption and surrogacy expense reimbursement, and more.

You will also receive PTO and/or PPTO that can be used for vacation, sick leave, holidays, or other purposes. The amount you receive depends on your job classification and length of employment. It will meet or exceed the requirements of paid sick leave laws, where applicable.

For information about PTO, see One.Walmart

The annual salary range for this position is $80,000.00-$155,000.00. Additional compensation includes annual or quarterly performance bonuses. Additional compensation for certain positions may also include: Stock.

Minimum Qualifications

• Bachelor’s degree in Architecture, Construction Management, Information Technology, Engineering, or related field and 3 years’ experience in architecture, construction management, engineering, or related area OR 5 years’ experience in architecture, construction management, engineering, or related area.

Preferred Qualifications

• Managing profit and loss reporting
• Managing project budgets
• Project Management
• Supervisory
• Masters: Business Administration
• Project Management - Project Management Professional - Certification

Primary Location placeholder information removed. Walmart and its subsidiaries are committed to maintaining a drug-free workplace and have a no tolerance policy regarding the use of illegal drugs and alcohol on the job. This policy applies to all employees and aims to create a safe and productive work environment.