At Home - Shreveport, LA_Property for Sale
At Home - Shreveport, LA_Property for Sale
1376 E 70th St, Shreveport, LA, 71105-4924, US

At Home - Shreveport, LA

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 1376 East 70th Street in Shreveport, LA.


The Property totals 109,169 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 has an affluent surrounding demographic profile, with residents in a 3-miles radius of the Property earning an average household income of $100,000+. Adjacent to the Asset, the Bayou Shopping Center sees 2.4 million annual visitors (top 10% in Louisiana).


The Offering provides investors with the opportunity to acquire over 10 years of passive cash flow from a national retail tenant, with in-place renewal options, and an exceptional surrounding demographic profile.

...

Attributes

Building area net
9,943 m²
Occupancy
100%
Year built
2017
Land area net
3.32 ha
WAULT
9.8 years
NOI
₩1,856,703,000

Media

Investment Highlights

  • 50% With Bachelor’s Degree or Higher in 1-Mile Radius
  • Adjacent to Captain Shreve High School (1,850+ Students)
  • Adjacent to Bayou Shopping Center (2.4 Million Annual Visits, Top 10% in Louisiana)
  • $100K Average HH Income in 1-Mile Radius Surrounding Property
  • 144K+ Residents in 5-Mile Radius
  • No Landlord Responsibilities


At Home - Shreveport, LA 4_Property for Sale
At Home - Shreveport, LA 4_Property for Sale

Contact brokers

At Home - Shreveport, LA (0 Properties)

Similar properties

View moreChevron Right
Do you have any questions? visit our FAQ page
View FAQ PageArrow Right
JLL can help you finance and manage your portfolio. Email us today to see how we can help achieve your ambitions.
Last updated
1 Oct 2024