At Home
Euless, TX
Key Details
| Price: | $17,006,500 |
|---|---|
| Cap Rate: | 8.00% |
| Annual Rent: | $1,360,520 |
| Address: | 2301 Rio Grande Boulevard, Euless, Texas 76039 |
| Property Type: | Retail |
| Lease Type: | Double Net (NN) |
Property Data
| Original Lease Term: | 15 Years |
|---|---|
| Lease Commencement: | 3/30/2024 |
| Lease Expiration: | 3/30/2039 |
| Lease Term Remaining: | 14.4 Years |
| Rental Increases: | 10.00% Every 5 Years |
| Building Size: | 86,250 SF |
| Year Built: | 2024 |
About the Investment
- Long Term NN Investment | 15-Year Lease, Five 5-Year Renewal Options
- Large Security Deposit | $1,360,000 Security Deposit*
- NOI of $1,360,520 With 10% Increases Every 5 Years
- Brand New Build-to-Suit Construction | Site Recently Opened in March 2024
- Relocation Store | Relocation of a Successful 10-Year-Old At Home Store Located Less Than 6 Miles Away
- 6.4mm annual visitors | Ranks in top 2% of shopping centers in TX and Nationally per Placer.AI
Key Details
| Price: | $17,006,500 |
|---|---|
| Cap Rate: | 8.00% |
| Annual Rent: | $1,360,520 |
| Address: | 2301 Rio Grande Boulevard, Euless, Texas 76039 |
| Property Type: | Retail |
| Lease Type: | Double Net (NN) |
Property Data
| Original Lease Term: | 15 Years |
|---|---|
| Lease Commencement: | 3/30/2024 |
| Lease Expiration: | 3/30/2039 |
| Lease Term Remaining: | 14.4 Years |
| Rental Increases: | 10.00% Every 5 Years |
| Building Size: | 86,250 SF |
| Year Built: | 2024 |
Talk to the Pros
Glen Kunofsky
gkunofsky@nnnpro.com
License: NY: 49KU1129178
Edward Otocka
eotocka@nnnpro.com
License: NY: 10401298466
Amelia Haydock
ahaydock@nnnpro.com
License: NY: 10401334976
Patrick Finn
pfinn@nnnpro.com
License: NY: 10301222858
Broker of Record
Brian Brockman
Bang Realty-Texas, Inc
License: 701472
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This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.