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At Home NNN Property Portfolio
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1600 W Kelly Ave, Pharr, TX 78577

Five assets are governed by separate absolute triple-net lease agreements.

Property Size535,872 SF
Lot Size46.29 Acres
Days on Market143

Property Features for 1600 W Kelly Ave

General Information

Standard status Active
Size 535,872 SF
Lot size 46.29 Acres
Property subtype Retail

Building Details

Buildings 5
Listing Agency: Northmarq Capital, LLC
Listed By: BJ Feller · License #IL 471007951
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 3:42AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq Capital, LLC

Investment Insights

Based on property information with market context.

This portfolio includes five At Home properties comprising 535,872 square feet across 46.29 acres. Each asset is subject to its own absolute triple-net lease, with 14 years and 9 months of base term remaining.

The properties are located across Texas, Mississippi, and Ohio. Existing lease terms include 2.50% annual rent escalations during the base term, followed by four option periods. The portfolio structure combines multiple properties, individual lease agreements, and a defined schedule of contractual escalations.

Key Highlights

  • Five At Home properties across Texas, Mississippi, and Ohio
  • 535,872 square feet across 46.29 acres
  • Absolute triple‑net leases under individual agreements

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Electrical Service Accounting Firm Law Firm (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

865
Businesses Nearby
434k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 28% Dining 25% Shops & Services 24% Home Improvements & Furnishings 17%
Costco Wholesale Superstores
120,004 visits/mo 0.1 miles
Raising Cane's Chicken Fingers Dining
59,424 visits/mo 0.2 miles
Lowe's Home Improvements & Furnishings
45,749 visits/mo 0.2 miles
Sam's Club Gas Station Shops & Services
43,724 visits/mo 0.4 miles
Costco Gasoline Shops & Services
31,109 visits/mo 0.2 miles

Demographics for 78577, TX

79,937
Population
26,568
Households
3
Avg Household Size
30
Median Age
18%
College-Educated
70%
High-School Grad
26.0 sq mi
ZIP Area
3,075
Density / Sq Mi
$49,768
Median Household Income
$28,186
Median Earnings
$988
Median Rent
$111,500
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Five assets are governed by separate absolute triple-net lease agreements.
Where is this nnn property located?
The property is located at 1600 W Kelly Ave Pharr, TX.
What are key features of this property?
This property features: Five At Home properties across Texas, Mississippi, and Ohio; 535,872 square feet across 46.29 acres; Absolute triple‑net leases under individual agreements
More about this property
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