714 West Loop 1604 North, San Antonio, TX, 78251, US

Academy Sports - San Antonio, TX

资产描述

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 714 W Loop 1604 N in San Antonio, TX (“Property” or “Asset”).

The Property is operating on a 20-year absolute NNN lease with ±4.8 years remaining. The lease features four, five-year renewal options and rare 1.50% annual rent escalations. Initially constructed as a build-to-suit for the Tenant in 2009, Academy has a proven commitment to the site with more than 15 years of operating history.

Located in San Antonio, Academy is strategically positioned with frontage on Loop 1604, the longest loop in Texas. Academy Sports is within a dense retail corridor with major retailers surrounding that include Costco, Walmart, H-E-B, Kohl’s, LA Fitness, T.J. Maxx, and HomeGoods, among others.

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属性

询价

¥91,070,000

资本化率

6.85%

净运营收入

¥6,237,000

加权平均未到期租赁期

4.8 年

建筑净面积

7,990 平方米

土地总面积

3.81 公顷

媒体

投资亮点

Absolute NNN lease with ±4.8 years of lease term remaining with zero landlord responsibilities
Rare 1.50% annual rent escalations
Proven commitment to the site with more than 15 years of operating history
Positioned with frontage on Loop 1604 with 78,000 VPD
Adjacent to The Shoppes at Dove Creek which ranks in the top 1% of most visited shopping centers in the nation (Placer.ai)
Dense residential area with 1,140+ immediate apartment units
Explosive 51% population growth since 2010 within a 3-mile radius
San Antonio is the 2^nd largest city in Texas and the 7^th largest in the country