2201 Porter Crk Dr Fort Worth, TX 76177
- Retail properties
- 109,489 SF
- 10.58 lot acres
Current Use by Public Records
- Retail properties
Property Details for 2201 Porter Crk Dr
- Year built
- 2015
- Lot size
- 10.58 lot acres
- Property size
- 109,489 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Worth
- County
- Tarrant
- State
- Texas
- Longitude
- -97.3272
- Latitude
- 32.9017
