At Home - Pearland, 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 at in Pearland, TX approximately 15 miles south of downtown Houston.

The Property is situated on 9.30 acres of land and features an absolute NNN lease with more than 10 years remaining, 2% annual growth and 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 surrounding area has experienced robust growth in recent years. Since 2010, the surrounding 3-mile’s population has increased by 66%. Since 2000 Pearland ranks sixth in fastest growing American cities ( via USA Today) and the third fastest growing economy (via WalletHub). The area’s population growth has been accompanied by a multitude of new residential, retail, medical, and office developments. In the last two years alone, 445,000 square feet of new commercial space has been delivered within 1-mile of the Property. The Asset sits across the street from Pearland Town Center, a mixed-use development that attracts nearly 6 million visitors annually and features 90 stores, a 110-key hotel, 234 apartment units, 60,000 square feet of office space, and the recently-delivered HCA Healthcare training center. Immediate access to Highway 288 (80,000 VPD) provides direct connectivity to downtown Houston. This offering provides a unique opportunity to acquire a cash-flowing Asset with zero landlord responsibilities and a tremendous residual development opportunity.