Asking Price
NOI Net Operating Income
Cap Rate
Asking Price
NOI Net Operating Income
Cap Rate


Enter the "Deal room" for exclusive documents related to this property.

I accept the confidentiality agreement I accept the confidentiality agreement

Key Facts

Year Built 2018
Lease Type NNN
Current / Passing Rent
Lease Expiration 2035-06-30
Remaining Term 14 years, 9 months
Tenant At Home Stores LLC
Building Area
Land Area

Property Description

JLL is pleased to offer for sale the fee simple interest in a freestanding single-tenant At Home located in Pearland, Texas (Houston MSA). At Home Stores, LLC operates on an absolute NNN lease structure with 2% annual rental increases and no landlord responsibilities.

The asset is located within one of the fastest-growing cities in the Houston metropolitan area with affluent demographics. The tenant operates with a guarantee from their parent company At Home Holding III Inc. At Home (NYSE: HOME) is a specialty home décor retail that reported over $1.4 billion in revenue in the fiscal year 2020.

Investment Highlights

  • Long-term absolute NNN lease
  • 2% annual rental increases and no landlord responsibilities
  • At Home (NYSE: HOME) preliminary Q2 earnings - best quarter in history
  • Reported over $1.4 billion in revenue in the fiscal year 2020
  • Site was selected by Corporate At Home to build a new store in 2018
  • Excellent visibility along Broadway Street within a regional retail corridor

Last Updated Date: 31 Aug 2020
Caroline Binning
Caroline Binning
Director, Capital Markets
License details
TX - 601565
Coler Yoakam
Coler Yoakam
Senior Managing Director, Corporate Finance & Net Lease Platform Leader
License details

There was an error submitting your request. Please try again, or submit you inquiry here.



Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 31 Aug 2020

The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

Please go to the below link for our commitment to compliance (Japanese only).

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.