This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

At Home - Master Lease Portfolio

5 Retail Properties Offered at £33,006,532 in Multiple Locations

Investment Highlights

  • Absolute NNN Master Lease
  • Strong Store Sales Performance & Rent Coverage Ratio
  • 5-Mile Average Population: 80,000+
  • Attractive Low Basis of $78 PSF
  • 2% Annual Rent Increases

Executive Summary

Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a fee simple interest in five At Home Properties located across Texas, Mississippi, and Ohio (collectively the "Properties" or "Portfolio"). The Portfolio is leased on an absolute triple net basis under a single master lease agreement with over six years of base lease term remaining. The lease provides for 2.00% annual rent escalations throughout the base term and four option periods, providing a boost to the overall cash flow of the Portfolio. The Portfolio encompasses 534,881 square feet on 46.30 acres.

Attachments

Property Flyer

Property Facts

Price £33,006,532
Price / SF £61.68 / SF
Net Initial Yield 7.50%
Sale Type Investment NNN
Status Active
Number of Properties 5
Individually For Sale 0
Total Building Size 535,095 SF
Total Land Area 46.29 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
2650 W Interstate 20, Grand Prairie, TX 75052 Retail 109,415 SF 2000 -
15065 Creosote Rd, Gulfport, MS 39503 Retail 115,574 SF 1988 -
1600 W Kelly Ave, Pharr, TX 78577 Retail 108,400 SF 2014 -
At Home
2244 S Reynolds Rd, Toledo, OH 43614
Retail 111,761 SF 1972 -
642 S Walnut Ave, New Braunfels, TX 78130 Retail 89,945 SF 1995 -
Show More > < Show Less
  • Listing ID: 31196245

  • Date on Market: 12/03/2024

  • Last Updated:

  • Address: At Home - Master Lease Portfolio, Grand Prairie, TX

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}