At Home - Live Oak, TX

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 in Live Oak, TX 14 miles northeast of downtown San Antonio.

The Property totals 124,525 SF on an 8.90-acre parcel and features a corporate guaranty from At Home, a leading 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 with 10.7 years of remaining term, 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 positioned near the intersection of Highway 1602 and US-35 which combine for more than 250,000 vehicles daily. The surrounding 1-mile has experienced a 70% population growth since 2010 and average household incomes within that radius exceed $100,000. To accompany the growth, more than 1,000 apartment units have been delivered since 2019 within 3 blocks of the Property. The Property is accompanied by premier retailers such as IKEA, Costco, Target and more.

The Offering provides investors with the opportunity to acquire nearly 11 years of passive cash flow from a national retail tenant, with in-place renewal options, an exceptional surrounding demographic profile and a tremendous residual development opportunity.