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At Home - Master Lease Portfolio

 6 Properties (FL, AL, LA, OK, & KS)

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Locations

6

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Lease Type

Abs NNN

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Ownership Interest

Fee Simple

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Total Bldg Size (SF)

704,529

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5-Mile Avg Pop

109,000+

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Absolute NNN Master Lease –  Zero landlord responsibilities and less active management than a typical portfolio
  • Incredibly Attractive Basis of $90.40 PSF with Low Rent PSF of $6.78 – High residual value
  • Attractive Assumable Financing The Portfolio can be acquired with an assumable CMBS loan that features a low 4.42% interest rate with just under 4 years remaining, resulting in an 11.18% Cash-on-Cash return in Year One
  • Strong Store Sales Performance & Rent Coverage Ratio – EBITDAR coverage ratio of greater than 2.50X (contact broker for details)
  • 2.00% Annual Rent Increases – Significant hedge against inflation and a boost to the overall cash flow of the Portfolio
  • Dense & Affluent Demographics – 5-mile average population across all of the Properties is 109,000+
  • Potential Outparcel Value – All locations sit on parcels of 8.40 acres or larger

Exclusively Listed By

Mark Lovering

Associate Vice President
  mlovering@northmarq.com      +1 312.777.2441

BJ Feller

Sr. Vice President & Managing Director
  bfeller@northmarq.com      +1 773.727.4285
Florida Broker #BK3504949

Isaiah Harf

Regional Managing Director
  iharf@northmarq.com   

Christian Tremblay

Vice President
  ctremblay@northmarq.com   

Jack Collins

Senior Associate
  jcollins@northmarq.com   

Josh Dicker

Associate
  jdicker@northmarq.com   

Robin Borgeson

Associate
  rborgeson@northmarq.com   

Russell Freeman

Analyst
  rfreeman@northmarq.com   

Chad Byerly

Senior Vice President

Kansas Broker #BR00236011

In Association with

Ryan Butler

Alabama Broker #000101183

Brad Pepin

Louisiana Broker #BROK.0995687899-ASA

Lindsey Vedros

Oklahoma Broker #179701

Northmarq

6120 S Yale Ave | Suite 300 
Tulsa, OK 74136


northmarq.com