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DOM: 8 Updated: 06.03.25 Posted: 06.03.25 Status: Active

Summary

Price $4,447,910
Built/Renov 1988/2015
Tenant At Home
Cap Rate 10.00%
Lease Type Abs NNN
Guarantor Corp Rated
Size/SF 115,574
Lease Start 10-01-2015
#Units 262
Price/SF $38.49
Expiration 09-30-2030
Tenant Type Big Box Retail
NOI $444,791
R. Term 5.3
Ownership Fee Simple
Rent/SF $3.85
Increases 2.0%/5/yrs
Pop 5Mi 82,290
Lot/AC 10.70
Options 4/5yrs/2%
AHHI 5Mi $74,434

Highlights

The Property is situated on the signalized corner of Creosote Road and Three Rivers Road, which see a
combined 26,000+ vehicles per day, and is located just off Interstate 10, which carries 66,129+ vehicles per
day. This high-visibility location provides excellent access and exposure to both local and regional traffic,

  • At Home has 5+ years remaining on the current lease term with 4 (5-year) options to extend
  • The lease features 2% annual rental escalations throughout the initial term and option periods
  • Corporate guaranteed lease
reinforcing the site’s value as a retail destination along the Gulf Coast’s primary east-west corridor.

Location Description

The property is strategically located at the signalized intersection of Creosote Road and Three Rivers Road, which sees a combined daily traffic count of over 26,000 vehicles. Positioned just off Interstate 10—with visibility to more than 66,129 vehicles per day—this high-traffic location offers outstanding access and exposure to both local and regional traffic along the Gulf Coast’s primary...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

At Home Stores LLC, dba At Home, is an American chain of home decor stores. With an average footprint of 110,000 square feet, At Home offers up to 50,000 home products including furniture,...


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Listing Broker

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