Academy Sports + Outdoors - Brownsville, TX_Pand te koop
Academy Sports + Outdoors - Brownsville, TX_Pand te koop
4305 Old Highway 77, Brownsville, TX, 78520, US

Academy Sports + Outdoors - Brownsville, TX

Beschrijving

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 4305 Old Highway 77 in Brownsville, TX (“Property” or “Asset”). Academy Sports will enter a 15.0-year, absolute NNN lease at the transaction’s closing with $0.50/SF rent escalations every 5-years and four, 5-year options.

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Kenmerken

Vraagprijs
€ 10.955.000
Cap rate
6,35%
NOI
€ 696.000
WAULT
15 jaren
Netto gebouwoppervlakte
6.241 vierkante meter
Bouwjaar
2001
Bruto landoppervlakte
2,61 ha

Media

Investeringskenmerken

  1. Brand new absolute NNN lease with 15.0 years of lease term upon close of escrow and zero landlord responsibilities
  2. Proven commitment to the site with nearly 23 years of operating history
  3. This location is in the top 11% of most visited Academy locations across the nation (Placer.ai)
  4. Exposure to more than 126,000 VPD off Interstate 69E
  5. Explosive 32% population growth since 2010 within a 1-mile radius
  6. Adjacent to Morrison Crossing and Las Tiendas Plaza shopping centers with more than 8.6 million annual visits combined (Placer.ai)
Academy Sports + Outdoors - Brownsville, TX 4_Pand te koop
Academy Sports + Outdoors - Brownsville, TX 4_Pand te koop

Contact adviseurs

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Laatst bijgewerkt
30 jul 2025