At Home - Whitehall, PA_Property for Sale
At Home - Whitehall, PA_Property for Sale
2520 Macarthur Road, Fullerton, PA, 18052, US

At Home - Whitehall, PA

Asset Description

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 2520 MacArthur Blvd in Whitehall, PA.


The Property totals 111,165 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 within MacArthur Towne Center, which sees over 1.4 million annual visitors (per placer.ai) and is situated with frontage along MacArthur Blvd, with traffic counts of 41,000+ vehicles per day.


The Offering provides investors with the opportunity to acquire over 11 years of passive cash flow from a national retail tenant, with in-place renewal options, in a major shopping center.

...

Attributes

Building area net
10,328 m²
Occupancy
100%
Year built
2018
Land area gross
3.93 ha
WAULT
11 years
NOI
€688,000

Media

Investment Highlights

  • No Landlord Responsibilities
  • Located in MacArthur Town Centre (1.4M Annual Visits)
  • Adjacent to Top 12% Walmart in the Nation, per Placer.ai
  • Across the Street from MacArthur Commons (4.5 Annual Visits)
  • 222,000+ Residents Within 5 Miles of the Property
  • Situated Along MacArthur Blvd (41,650+ VPD)


At Home - Whitehall, PA 4_Property for Sale
At Home - Whitehall, PA 4_Property for Sale

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At Home - Whitehall, PA (0 Properties)

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Last updated
26 Sep 2024