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Lease Guarantor

PROPERTY/LOT
IMMEDIATE LOCATION
AREA LOCATION
TENANT ATTRIBUTES
INVESTMENT/GUARANTOR
DOM: 74 Updated: 06.02.25 Posted: 06.02.25 Status: Active    

Summary

Price $4,447,910
Built/Renov 1972/2015
Tenant At Home
Cap Rate 10.00%
Lease Type Abs NNN
Guarantor Corp Rated
Size/SF 111,763
Lease Start 10-01-2025
#Units 262
Price/SF $39.80
Expiration 09-30-2030
Tenant Type Big Box Retail
NOI $444,791
R. Term 5.1
Ownership Fee Simple
Rent/SF $3.98
Increases 2.0%/5/yrs
Pop 5Mi 157,726
Lot/AC 11.01
Options 4/5yrs/2%
AHHI 5Mi $92,547

Highlights

  • 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

Location Description

The property is strategically positioned directly on S Reynolds Road, which sees over 23,207 vehicles per day, and just off the Ohio Turnpike (I-80/I-90), with an additional 27,554+ VPD, providing excellent visibility and access to regional traffic. Situated on an expansive 11.01-acre parcel, the site was converted from a former Kmart into At Home’s modern large-format retail prototype....

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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...


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