Net Lease Dick’s Sporting Goods Property Profile and Cap Rates Date August 19, 2020
Net Lease Dick’s Sporting Goods– Typical Property and Lease Terms
| Price Range: | $7 mm - 14 mm |
| Cap Rate: | 7.25% |
| Net Income: | $600,000 |
| Price Per foot: | $200 PSF |
| Building Size: | 45,000 SF |
| Lot Size: | 4 Acres |
| Escalations: | 10% every 5 years |
| Lease Term: | 10 Years |
| Lease Type: | NN |
| Credit Rating: | Not Rated |
Tenant Company Information:
Dick’s Sporting Goods, Inc. is an American sporting goods retail company, based in Coraopolis, Pennsylvania. The company was established by Richard “Dick” Stack in 1948, and has approximately 850 stores and 30,000 employees, as of 2018. Dick’s is the nation’s largest sporting goods retailer, and is listed on the Fortune 500.[3]
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