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2201 Porter Crk DrFort Worth, TX 76177

Net-leased retail investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a fee-simple interest in a 109,489-square-foot At Home store located at 2201 Porter Creek Drive, Fort Worth, Texas 76177. The property sits on a 10.58-acre lot and boasts a strong 9.3-year remaining lease term with a corporate guarantee from At Home, a leading home décor retailer. The absolute NNN lease structure ensures minimal landlord responsibilities, providing investors with consistent passive income. The lease includes four, five-year renewal options with attractive 2.0% annual rent increases. The property's Net Operating Income (NOI) is $1,136,773. Built in 2015, this location is a top performer, ranking in the top 16th percentile of At Home stores nationally for annual visits. Its prime location along Ronald Reagan Memorial Highway (approximately 72,000 vehicles per day) provides excellent visibility and accessibility. The property benefits from its proximity to a high-traffic shopping center and other major retailers, drawing a combined 11.36 million annual visitors. This offering provides a secure, long-term investment with significant upside potential in a thriving market. The property is situated in an area with strong demographics, including a high average household income within a three-mile radius and significant population growth.

Highlights

  • At Home store ranked in the top 16th percentile nationally.
  • 79.2% annual population growth within a 3-mile radius.
  • Proximity to Cityview Centre, attracting 3.9 million annual visitors.
  • High visibility location on Ronald Reagan Memorial Hwy (72,000 VPD).
  • Average household income over $130,000 within a 3-mile radius.
  • Over 170 corporate HQ relocations to DFW since 2010.

Property Details for 2201 Porter Crk Dr

Property type
Retail properties, Retail space
Square Feet
109,489 SF
Year Built
2015
Lot Size (sq. ft)
460,865 SF

Location Insight

City
Fort Worth
County
Tarrant
State
Texas
Latitude
32.9017279
Longitude
-97.3271844
2201 Porter Crk Dr, Fort Worth, Texas

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2201 Porter Crk Dr
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