At Home - Garland, TX_Actifs en vente
At Home - Garland, TX_Actifs en vente
3002 Firewheel Parkway, Garland, TX, 75040, US

At Home - Garland, TX

Description de l'actif

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 in Garland, TX.

The Property totals 135,655 SF and features 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 with over 12 years of remaining term, 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 President George Bush Tpke with exposure to 73,036 VPD. The Asset sits on 10.80 AC of land and over 1,000 apartment units have been delivered within 1-mile since 2021. The surrounding 3-mile population has experienced a robust 20% growth since 2010. Firewheel Town Center sits across the highway from the Asset and attracts more than 6 million shoppers annually.

The Offering provides investors with the opportunity to acquire over 12 years of passive cash flow from a national retail tenant, with in-place renewal options, an exceptional surrounding demographic profile and a tremendous residual development opportunity. 

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Caractéristiques de l'actif

Surface de l'actif Net
9 499 m²
Occupation
100 %
Année de construction
2018
Taille du terrain Brut
4,37 hectare
WALT
12.7 années
Indexation annuelle
Fixed

Média

Points clés d'investissement

  • ACROSS THE STREET FROM FIREWHEEL TOWN CENTER (6M+ ANNUAL VISITS)


  • DIRECTLY OFF PRESIDENT GEORGE BUSH TPKE: 73,036 VPD


  • 1,000+ APARTMENT UNITS WITHIN 1-MILE DELIVERED SINCE 2021


  • 20% 3-MILE POPULATION GROWTH SINCE 2010


  • $126K AVERAGE HOUSEHOLD INCOME IN 3-MILE RADIUS



  • ABS NNN LEASE WITH ANNUAL GROWTH AND NO LANDLORD RESPONSIBILITES

Contacter l'équipe

At Home - Garland, TX (0 actifs)

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Dernière mise à jour
12 nov. 2024