This is a rare opportunity to acquire a fee-simple, single-tenant retail asset leased to Academy Sports + Outdoors, a nationally recognized sporting goods retailer with 282 locations across 18 states and annual revenues exceeding $6.16 billion. The property, strategically positioned at 150 McBride Lane in Paducah, KY, was built-to-suit in 2017 and offers a secure, long-term income stream with approximately seven years remaining on the primary term and three additional five-year renewal options.
Located in the retail epicenter of Paducah, the site benefits from exceptional visibility along Interstate 24 (45,023 VPD) and Highway 60 (27,659 VPD). It sits adjacent to Kentucky Oaks Mall, a super-regional shopping destination anchored by major national retailers including Dillard’s, JCPenney, Ross Dress for Less, Burlington, Dick’s Sporting Goods, and Best Buy. The immediate trade area features Lowe’s, Walmart, Home Depot, Kohl’s, Sam’s Club, and Hobby Lobby, ensuring strong consumer traffic and synergy.
The NN lease structure minimizes landlord responsibilities to foundation, roof (with a 15-year warranty), and structural integrity, making this an ideal passive investment. Scheduled rent increases every five years provide a hedge against inflation. Paducah’s stable demographics, proximity to major employers, and access to Interstate 24 position this asset for continued success. Academy Sports + Outdoors maintains a BB credit rating from S&P with a positive outlook, reinforcing tenant strength.