At Home - Master Lease Portfolio
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
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.
Property Facts
Price | £33,006,532 | Number of Properties | 5 |
Price / SF | £61.68 / SF | Individually For Sale | 0 |
Net Initial Yield | 7.50% | Total Building Size | 535,095 SF |
Sale Type | Investment NNN | Total Land Area | 46.29 AC |
Status | Active |
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 | - |
1 of 1
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
At Home - Master Lease Portfolio
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.