Academy - Freestanding FOR SALE
Eagle Pass, TX 78852 |
Academy
Eagle Pass, TX 78852
HIGHLIGHTS
- Long Term Corporate NN Lease by Academy Sports - 11+ Yrs. with Recent Extension - Proven Store
- Premiere Sports, Outdoor and Recreation Lifestyle Retailer - 259+ Stores in 16 States - Huge Growth
- Academy Owned by Parent Company KKR & Co (NYSE: KKR) - Leading Global Investment Firm ($26.75B)
- Anchor Tenant Loop Central Marketplace - New Master Planned Shopping Center (DD’s/Harbor Freight)
- Rent Bumps every 5 Yrs. - Low Rental Rate - In-Place Roof Warranty - New Prototype Floor Plate - Fee
- Strategic International Location near Eagle Pass/Piedras Negras Border Crossing - Limited Competition
OVERVIEW
Colliers National Net Lease Group is pleased to offer for sale the STNL (fee simple)investment opportunity in an Academy Sports + Outdoors. Academy currently operates 260+ stores in the South and Mid West and has been this location since 2013. Academy Sports + Outdoors stayed open through-out COVID-19 and was not in need of any form of rental assistance, in fact, they happily completed a 2 year extension last month, bringing the total primary tern to (11) years. Academy was phase one of a 170,000 SF planned shopping center development with phase two receiving LOIs. Please call with any questions, full offering package will be available shortly.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
New Extension- Anchor- Near Border Crossing
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Department Store
TOTAL BUILDING SIZE
58356
STORIES
1
YEAR BUILT
2014
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
4333
