2301 Rio Grande Blvd - Department Store FOR SALE


Euless, TX 76039- Hurst/Euless/Bedford
$15,000,000 USD
332-345-4222
2301 Rio Grande Blvd, Euless, TX for Sale
$15,000,000 USD
Department Store - FOR SALE
1/3
null | 8.31% Cap Rate

2301 Rio Grande Blvd
Euless, TX 76039
Hurst/Euless/Bedford


HIGHLIGHTS

  • Long Term NN Investment
  • Large Security Deposit
  • Brand New Build-to-Suit Construction
  • Relocation Store

OVERVIEW

Surmount and Venture Commercial Real Estate are pleased to present the exclusive listing for an At Home facility in Euless, Texas. The sites consists of a total of roughly 86,000 rentable square feet of building space. This property is subject to a 15-year double-net (NN) lease with approximately 13.4 years remaining. The current annual rent is $1,247,000 and will increase to $1,360,520 on 4/1/2028 with an additional 10% increase on 4/1/2029. There are 10% rental increases ever 5 years throughout the remainder of the base term and in the 5, 5-year tenant renewal options.

FOR SALE DETAILS

PRICE

$15,000,000 USD

PRICE/SF

$174 USD /SF

CAP RATE

8.31%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

At Home

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.52 AC

LAND SF

327,554 SF

ZONING

-

APN/PARCEL ID

04483448,41580966,42063491,42224151,42540460

ASK ABOUT THIS PROPERTY

Glen KunofskySurmountMore Info
332-345-4222

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Glen KunofskySurmountMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.