At Home - Corpus Christi, 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 4949 Greenwood Drive in Corpus Christi, TX.

The Property totals 135,221 SF and features a 6.8 years remaining on the 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 with low rent of $5.14 PSF, 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 located with frontage along Greenwood Drive just off State Highway 358, which sees a combined ±107,300 vehicles per day, and adjacent to numerous top preforming retailers including the Mission Plaza shopping center, Texas Roadhouse, Walmart Supercenter, McDonald’s, and Whataburger, which see a combined 6.33 million annual visitors and are all ranked in the 70th percentile or higher for their respective stores in the nation for annual visitors, per Placer.ai. The Property is also adjacent to the regional Pepsi and Coca Cola bottling plants as well as the Foy H Moody High School and John F Kennedy Elementary School, which have a combined 2,400+ students enrolled annually.

The Offering provides investors with the opportunity to acquire over 6.8 years of passive cash flow from a national retail tenant in a premier market with exceptional real estate fundamentals.