3000 Kirby Dr Pearland, TX 77584

This exceptional investment opportunity presents a fee-simple interest in a 108,403-square-foot At Home store located at 3000 Kirby Dr, Pearland, TX 77584, within the Houston MSA. The property, built in 2017, sits on a substantial 9.29-acre lot and features a single-tenant, absolute NNN lease with a corporate guarantee. The lease, commencing July 1, 2017, has a remaining term of approximately 10.6 years, extending to June 30, 2035, with annual rent bumps of 2.00%. Four five-year lease options are included. The property is 100% occupied and benefits from its location across from Pearland Town Center, a thriving mixed-use development attracting nearly 6 million visitors annually. The area boasts significant growth, with a 66% population increase within a 3-mile radius since 2010, and 445,000 square feet of new commercial space delivered within a 1-mile radius since 2021. Highway 288, with an average daily traffic volume of 80,000 vehicles, provides excellent accessibility. This offering presents a strong cash flow with minimal landlord responsibilities and significant future development potential. The property is classified as Class B and is a single-story building. The average household income within a 1-mile radius is $163,000.