物件概要
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee-simple interest in an 89,051 square foot freestanding, single-tenant At Home retail property located at 535 Pleasant Grove Road in Mt. Juliet, TN (“Property” or “Asset”). Founded in 1979, At Home is a unique home décor concept that offers up to 45,000 home décor items for every household room.
The Asset is 100% leased to At Home Stores LLC (“At Home” or “Tenant”) with 10.8 years of remaining primary lease term, annual rent increases, four, five-year renewal options and a corporate guaranty. Initially constructed as a build-to-suit for the Tenant in 2019, the Tenant has a proven commitment to the site by signing a 15-year, absolute NNN lease with zero landlord responsibilities.
The Property is located just 13 miles from downtown Nashville, which was ranked 2022’s #1 Market for Real Estate Investment by ULI. Positioned at the northwest quadrant of Interstate 40 (80,000 VPD) and N Mt. Juliet Road (33,000 VPD), At Home is a part of The Paddocks at Mt. Juliet Shopping Center which is in the top 10% of shopping centers nationwide for annual visitors per Placer.ai. The Paddocks is also home to national retailers such as Walmart Supercenter, Lowe’s, Academy Sports + Outdoors and more. The Property’s location boasts exceptional demographics, with 81,000+ residents earning an average HH income of over $119,000 in the surrounding five-mile radius, and well above the national average.
This rare opportunity allows investors the ability to acquire an established retail asset with a passive, long-term and growing income stream and an opportunistic yield located in the Nashville MSA.
特性
メディア
投資のハイライト
- 2019 Build-to-Suit Construction in At Home's #1 Target Market for Strategic Gowth
- 10.7+ Years of Term Remaining with Annual Rent Escalations
- Shadow Anchored by Walmart, the largest supermarket chain in the world
- $110K Average HH Income within a 3-Mile Radius
- +81K Residents within a 5-Mile Radius
- +$122K Average HH Income in 3-Mile Radius
- 2.9M Annual Visitors at Adjacent Paddocks Shopping Center
![At Home - Mt. Juliet, TN 4_販売物件](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1.7777777777777777,c_crop/w_1100,q_auto,c_scale/v1702391071/Prod/DealX/Img/f656176d-6004-45a9-8f84-0352d283d35d.jpg)
![At Home - Mt. Juliet, TN 4_販売物件](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1.7777777777777777,c_crop/w_1100,q_auto,c_scale/v1702391087/Prod/DealX/Img/212eb9b1-8487-4163-a8a3-ffdda4cca51d.jpg)
担当者に連絡する
![At Home - Mt. Juliet, TN 5_販売物件](https://res.cloudinary.com/jll-global-cmg/image/upload/w_1920,q_auto/ar_1.7777777777777777,c_crop/w_1808,q_auto,c_scale/v1702391099/Prod/DealX/Img/ac20beb5-2fdc-41c1-a21a-13b76a555938.jpg)