The nation's smallest Walmart might soon come to Georgia Tech's campus

Technique, Georgia Tech's student newspaper, says that Walmart has inked a deal with Georgia Tech to bring its new "Walmart on Campus" concept to Tech Square.

The 2,500-square foot location, once home to Ribs N Blues, is smaller than the one other "Walmart on Campus" location at the University of Arkansas. The deal has been in the works for nearly a year. Says the Technique:

"They will carry some electronics, peripherals, a few devices. They may sell some iPods too," Steele said. "They will also sell a lot of grocery items... frozen foods, fresh foods,... grab-and-go and beverage items. It's like a mini CVS."

According to Steele, students were happy about the idea of this installment on Tech Square.

"Typically students don't come to the table saying 'Here's what we want'..Usually we throw out some ideas and see what they think," Steele said. "When talking about the Walmart on Campus concept being a pharmacy and extended convenience store, but with a pharmacy that accepts third party insurance, they felt that would be a good value."

The retail giant might invest as much as $1 million in the location. However, Tech might have to spend anywhere between $20,000 and $25,000 prepping the former restaurant space for the store.