At Home - Mansfield, TX

Jones Lang LaSalle Americas, Inc. (“JLL”), is pleased to exclusively offer for sale the fee-simple interest in the single-tenant At Home (the “Property” or “Asset”) located at 602 US Route 287 in Mansfield, TX.

The Property totals 108,490 SF and features 10.8 years remaining on the lease with a corporate guaranty from At Home, a unique home décor concept that offers up to 45,000 home décor items for every household room (the “Tenant”). The lease structure is an absolute NNN lease, offering investors long-term cash flow with no landlord expenses, and features four (4), five-year renewal options and 2% annual rent bumps throughout the primary term & renewal options.

The Asset is located with frontage along US 287 Frontage Road just off State Highway 287, which sees a combined ±48,000 vehicles per day. The Property sits within The Shops at Broad, a 430,000 SF shopping center with numerous nationally known retailers, 5.1 million annual visitors, and is ranked in the top 7th percentile or higher for community shopping centers in the nation for annual visitors, per Placer.ai. The Property is also adjacent to a Walmart Supercenter and McDonald’s, which are in the top 25th and 2nd percentile of their respective brands for annual visits nationally, per Placer.ai. The surrounding community has seen superb population growth of 84.7% and is affluent with average household income of over $147,000 within a 3-mile radius of the Property.

The Offering provides investors with the opportunity to acquire over 10.8 years of passive cash flow from a national retail tenant in a premier market with exceptional real estate fundamentals.