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
₩1,801,323,000

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

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At Home - Shreveport, LA (0 Properties)

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Last updated
1 Oct 2024