SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, Dick’s Sporting Goods investment property located in Muskegon, MI. The tenant, Dicks Sporting Goods, Inc., has 4-years remaining of lease term with a four (5-year) option to extend. The lease features a $.25/SF rental increase at the beginning of each 5 year option, growing NOI and providing a hedge against inflation. The lease is NN, with the Landlord responsible for the roof, structure, and liability insurance. Dick’s has enjoyed over 20 years of operating history at this location, having moved to the mall in 2004 and recently exercised a five-year extension, showing their commitment to the site. Dick’s is a junior anchor to the The Lakes Mall and is not yet parcelized. A buyer will be responsible for subdividing the property at their cost during escrow.