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net lease academy sports

Net Lease Academy Sports Property Profile and Cap Rates

Date February 16, 2017

Net Lease Academy Sports – Typical Property and Lease Terms

Price Range:$7mm - $13mm
Cap Rate:7.15%
Net Income:$125,000
Price Per foot:$100 PSF
Building Size:70,000 SF
Lot Size:6 Acres
Escalations:10% every 5 Years
Lease Term:15 Years
Lease Type:NNN
Credit Rating:Private

Tenant Company Information:

Academy Sports + Outdoors is a premier sports, outdoor and recreation lifestyle retailer with a unique assortment of quality hunting, fishing, and camping equipment and gear along with sports and leisure products, footwear, apparel and much more. The Texas-based company operates over 225 stores throughout Alabama, Arkansas, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, Oklahoma, South Carolina, Tennessee and Texas. The Academy Sports + Outdoors philosophy is to deliver an unparalleled shopping experience by providing convenience, offering a broad selection of quality products, delivering exceptional customer service and selling the right stuff at everyday low prices.