3002 Firewheel Pkwy Garland, TX 75040-4009

This exceptional investment opportunity presents a fee-simple interest in a 102,248-square-foot single-tenant retail property located at 3002 Firewheel Pkwy, Garland, TX 75040. The property is a freestanding building constructed in 2018, situated on a 10.8-acre lot. It's currently 100% occupied by At Home, a national home décor retailer, under an absolute NNN lease with a corporate guarantee. The lease commenced August 1, 2022, and has a remaining term of 12.7 years, expiring July 31, 2037, with four 5-year renewal options. Rent increases annually at 2%. The property benefits from a prime location directly off President George Bush Turnpike, boasting 73,036 vehicles per day, and is across the street from Firewheel Town Center, attracting over 6 million annual visitors. Strong demographics support the investment, including over 1,000 apartment units delivered within a 1-mile radius since 2021 and a 20% population growth within a 3-mile radius since 2010. The average household income within a 3-mile radius is $126,000. This offering provides long-term passive income with no landlord responsibilities, making it an attractive investment for discerning buyers. The property offers significant upside potential due to its location and strong tenant.