1041 Nolan St - Retail FOR SALE
Brenham, TX 77833 |
$10,200,000 USD
832-640-7384
1041 Nolan St
Brenham, TX 77833
HIGHLIGHTS
- Long-Term Lease Term – The lease has approximately 12 years remaining on the base term, expiring in 2038, with three, 5-year renewal options.
- Corporate Guarantee – Lease is corporately guaranteed, providing strong credit support for the owner.
- Scheduled Rental Increases – Rent increases of $0.50 PSF occur every five years throughout the base term and option periods.
- Limited Competition – The property is located more than 35 miles from the nearest Academy Sports + Outdoors location.
- NNN Lease Structure – Passive, triple-net lease with minimal landlord responsibilities, offering a low-management investment profile.
- National Credit Tenant – Academy Sports + Outdoors operates over 300 locations across 21 states, with planned expansion into Maryland and Pennsylvania
FOR SALE DETAILS
PRICE
$10,200,000 USD
PRICE/SF
$161 USD /SF
CAP RATE
6.78%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Academy Sports + Outdoors
PROPERTY TYPE
Retail
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
3979-000-00800
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832-640-7384
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832-640-7384
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