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At Home 2301 Rio Grande Blvd

86,250 SF 4-Star Retail Building Euless, TX 76039 £13,418,128 (£156/SF) 8% Net Initial Yield

Investment Highlights

  • Brand New Build-to-Suit Construction | Site Recently Opened in March 2024
  • Long Term NN Investment | 15-Year Lease, Five 5-Year Renewal Options
  • 6.4mm annual visitors | Ranks in top 2% of shopping centers in TX and Nationally per Placer.AI

Executive Summary

NNN Pro Group and Venture Commercial Real Estate are pleased to present the exclusive listing
for an At Home facility in Euless, Texas. The sites consists of a total of roughly 86,250 rentable
square feet of building space. This property is subject to a 15-year double-net (NN) lease. The
annual rent is $1,360,520 and is scheduled to increase 10% every 5 years throughout the base
term and in each of the 5, 5-year renewal options.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Department Store
Building Size
86,250 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2024
Price
£13,418,128
Price Per SF
£156
Net Initial Yield
8%
NOI
£1,073,450
Tenancy
Single
Number of Floors
1
Building FAR
1.33
Land Acres
1.49 AC
Parking
43 Spaces (0.5 Spaces per 1,000 SF Leased)
Frontage
750 ft on Rio Grande Boulevard

Nearby Major Retailers

Starbucks
54th Street Grill & Bar
Navy Federal Credit Union
MOD Pizza
Salata
Torchy's Tacos
First Watch
Waffle House
iLoveKickboxing
Five Guys

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 42540460
  • 42063491
Land Assessment
£1,362,051
Improvements Assessment
£3,473,954
Total Assessment
£4,836,005
  • Listing ID: 31482851

  • Date on Market: 11/04/2024

  • Last Updated:

  • Address: 2301 Rio Grande Blvd, Euless, TX 76039

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