Rogue Valley Mall - Sale
1600 N Riverside Ave, Medford, OR, 97501-4652, US
644,332 平方呎
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 2301 Earl Rudder Freeway in College Station, TX.
The Property totals 81,018 SF and features a 15-year 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 Earl Rudder Freeway, which sees ±83,000 vehicles per day, and adjacent to the Post Oak Mall and a Walmart Super Center, which see a combined 5.2 million annual visitors.
The Offering provides investors with the opportunity to acquire over 12.5 years of passive cash flow from a national retail tenant, with in-place renewal options, less than two miles from Texas A&M’s campus.