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Department Store

Kohl's | Brand New 2023 Construction | Dallas MSA

80 Farm to Market 548, Forney, TX 75126

Listing Price: $7,591,000

Cap Rate
5.50%
Tenant Name
Kohl's
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
55,000
Lease Type
Absolute Net
Rent Per Square Feet
$7.59

Investment Overview

Today, with 80 percent of Americans living within 15 miles of a Kohl’s store, they continue to innovate and offer shoppers convenient services, opportunities for discovery and an overall inviting experience. Store investment and modernization strategies include new store format tests, service pilots, merchandising evolutions, and more, all while still providing an industry-leading shopping experience that our customers know and love. What began as one store in Wisconsin has expanded into a leading omnichannel retailer with more than 1,100 locations in 49 states. Over the years, Kohl’s has evolved and grown its shopping experience, including groundbreaking partnerships with Sephora and Amazon. Kohl’s will include a Sephora presence at all Kohl’s locations. Stores that once sold a little of everything - even motor oil and lawn mowers - have transformed into a destination for active and casual lifestyles and prestige beauty.

Investment Highlights

  • Brand New 15-Year NNN Lease - Brand NEW Construction
  • Regular 10% Rent Increases Every 5 Years with Eight 5-Year Option Periods
  • Location will include a Sephora, and Amazon Pick-up and Drop-off Center
  • Forney Marketplace is a Brand New Retail Development Anchored by Kroger
  • Site has Excellent Visibility Directly off US-80, the city's main artery and is part of the Dallas-Fort Worth metroplex
  • Kohl's is Publicly Traded (NYSE:KSS) and is ranked #183 on the Fortune 500

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s) TX: 9002994

    Texas

Financing By

Department Store

Kohl's | Brand New 2023 Construction | Dallas MSA

Listing Price: $7,591,000

Cap Rate
5.50%
Tenant Name
Kohl's
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
55,000
Lease Type
Absolute Net
Rent Per Square Feet
$7.59

Investment Highlights

  • Brand New 15-Year NNN Lease - Brand NEW Construction
  • Regular 10% Rent Increases Every 5 Years with Eight 5-Year Option Periods
  • Location will include a Sephora, and Amazon Pick-up and Drop-off Center
  • Forney Marketplace is a Brand New Retail Development Anchored by Kroger
  • Site has Excellent Visibility Directly off US-80, the city's main artery and is part of the Dallas-Fort Worth metroplex
  • Kohl's is Publicly Traded (NYSE:KSS) and is ranked #183 on the Fortune 500

Investment Overview

Today, with 80 percent of Americans living within 15 miles of a Kohl’s store, they continue to innovate and offer shoppers convenient services, opportunities for discovery and an overall inviting experience. Store investment and modernization strategies include new store format tests, service pilots, merchandising evolutions, and more, all while still providing an industry-leading shopping experience that our customers know and love. What began as one store in Wisconsin has expanded into a leading omnichannel retailer with more than 1,100 locations in 49 states. Over the years, Kohl’s has evolved and grown its shopping experience, including groundbreaking partnerships with Sephora and Amazon. Kohl’s will include a Sephora presence at all Kohl’s locations. Stores that once sold a little of everything - even motor oil and lawn mowers - have transformed into a destination for active and casual lifestyles and prestige beauty.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    (972) 755-5200

    License(s): TX: 9002994

    Texas

Financing By

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