Going Going Gone - Hoover, AL_Property for Sale
Going Going Gone - Hoover, AL_Property for Sale
3851 Chapel Lane, Hoover, AL, 35244, US

Going Going Gone - Hoover, AL

Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the single-tenant Going, Going, Gone! located at 3851 Chapel Lane in Hoover, Alabama (“Property” or “Asset”). Going, Going, Gone! is a corporate lease operated by Dick’s Sporting Goods, and is operating on a NN lease with ±5.0 years of primary lease term remaining, four, five-year options and contractual $0.50/SF rent escalations every 5 years.


AL Broker of Record: Buff Teague - License No. 000083353-0

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Attributes

Asking price
CN¥77,212,000
Cap rate
7%
NOI
CN¥5,406,000
WAULT
5 years
Building area net
4,673 m²
Land area gross
2.93 ha
Year built
2015

Media

Investment Highlights

  1. Corporate lease with Dick's Sporting Goods and minimal landlord responsibilities
  2. Ranks in the 91st percentile of most visited recreational and sporting goods retailers in the U.S.
  3. Adjacent to Riverchase Galleria, the #1 most visited regional mall in AL
  4. Just off the I-459/Montgomery Hwy interchange with 200,000 VPD
  5. Adjacent to the #1 most visited Costco in AL
  6. Strong 5-mile demographics with 13% population growth since 2010 and $134K AHHI
  7. Large 7.32 acre parcel in one of AL's most rapidly growing cities
Going Going Gone - Hoover, AL 4_Property for Sale
Going Going Gone - Hoover, AL 4_Property for Sale

Contact brokers

Going Going Gone - Hoover, AL (0 Properties)

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Last updated
9 Jan 2026