Walmart Buys Land to Open First Venice Store on Laurel Road

Venice is getting its first Walmart store, to be located at the northwest corner of Twin Laurel Boulevard and Laurel Road near Interstate 75, within the Venice Crossing Commercial Center.

 

LQ Commercial, a Florida commercial real estate firm, purchased 22 acres of commercially-zoned land for approximately $20.8 million, closing the deal in May. The acquisition was one of six property purchases the firm made across Florida totaling 150 acres for seven future Walmart locations, valued at $51.1 million combined. The Venice property sits across from Laurel Nokomis School and near a Publix and Sarasota Memorial Hospital – Venice.

 

“[These acquisitions] demonstrate the retail giant’s confidence in Florida’s robust economy – and its consumer demand,” said Peter Klein of LQ Commercial.

This article first appeared in the Sarasota Herald-Tribune on July 26, 2025. To see the original article, click here.