Rogue Valley Mall - Sale
1600 N Riverside Ave, Medford, OR, 97501-4652, US
59 860 mètres carrés
Description de l'actif
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in a freestanding Academy Sports + Outdoors located at 848 Barnes Crossing Road in Tupelo, MS (“Property” or “Asset”).
The Property is operating on a 20-year absolute NNN lease with ±11.4 years of primary lease term remaining. The lease features four, five-year renewal options and a $0.38/SF rental escalation every 5-years. The Property was initially constructed as a build-to-suit for the Tenant in 2016.
Academy is within Tupelo’s primary retail corridor, surrounded by five dominant shopping centers that generate more than 12.8 million combined visits annually. Notably, The Asset generates 875.6K visits annually and is the #1 most visited Academy location in Mississippi and ranks in the top 5% of most visited Academy locations across the nation. The Asset is the only Academy Sports location within a 50-mile radius (Placer.ai).
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Attributs
Prix demandé
12 771 000 $
Taux de capitalisation
6,75 %
RNI
862 000 $
WAULT
11.4 années
Superficie du bâtiment nette
6 084 mètres carrés
Média
Points forts de l'investissement
- Absolute NNN lease with ±11.4 years of primary lease term remaining and zero landlord responsibilities
- This location is the #1 most visited Academy Sports location in Mississippi (Placer.ai)
- Only Academy Sports location within a 50-mile radius
- Explosive 21% population growth since 2010 within a 1-mile radius
- Exposure to more than 56,000 VPD
- Surrounded by shopping centers that generate more than 12.8M combined visits annually (Placer.ai)
Contactez les courtiers
Academy Sports - Tupelo, MS (0 Propriétés)
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Dernière mise à jour
4 nov. 2024
