Academy Sports + Outdoors has 6+ years of term remaining with five, (5yr) options to renew Rental increases of $0.50 per square foot every 5 years during the term and renewal options, increasing NOI and hedging against inflation. The next rent bump is March 1, 2026, which is accounted for in the OM Academy is a leading full-time sporting goods and outdoor recreation retailer currently operating over 259 stores across 16 states Surrounded by national tenants including Walmart Supercenter, Lowe’s Home Improvement, Target, Best Buy, Kohl's, Walgreens, Chick-fil-A, and many more NNN Leased | Fee Simple Ownership | Limited Landlord Responsibilities LL is responsible for structural repairs to the building, including the roof, roof membrane, foundation, load-bearing walls, and any other structural members of the building Ideal, low-management investment for a passive investor