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

Academy Sports - San Antonio, TX

物件概要

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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特性

提示価格

￥1,951,826,000

キャップレート

6.85%

NOI （営業純収益）

￥133,660,000

WAULT

4.8 年

賃貸可能面積

7,990 ㎡

土地面積グロス

3.81 ha

メディア

投資のハイライト

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