Heights Central @ 19th
250 W 19th St, Houston, TX, 77008-4073, US
2,265 m²
Description
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”). 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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Attributes
Asking price
PLN 54,926,000
Cap rate
6.35%
NOI
PLN 3,488,000
WAULT
15 years
Building area net
7,990 m²
Land area gross
3.81 ha
Media
Investment Highlights
- Brand new absolute NNN lease with 15.0 years of lease term upon close of escrow and zero landlord responsibilities
- Proven commitment to the site with more than 16 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 2nd largest city in Texas and the 7th largest in the country
Contact brokers
Academy Sports + Outdoors - San Antonio, TX (0 Properties)
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Last updated
30 Jul 2025
