Priced Below Replacement Cost - At a price of $129 PSF, this asset is offered significantly below the cost to replace the building which is approximately $310 PSF (Source: Maxx Builders)
Strong Corporate Guarantee from Investment Grade Tenant - Academy Sports (NASDAQ: ASO) is one of the largest sporting goods and outdoors stores in the country and operates over 300 locations with a market cap exceeding $3.5 Billion
High Quality Construction on Oversized 5.96 Acre Parcel - Features excellent ingress/egress along W Owen K Garriott Road with a large surface lot providing for ample customer parking
Close Proximity to Walmart Supercenter Boasting 2.7 Million Annual Visits and Lowe’s Home Improvement Boasting 801,600 Annual Visitors (Source: Placer.ai)
Limited Competition Store - Only Academy Sports & Outdoors within a 50-mile radius of the Property