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| Price $10,256,000 | Built/Renov 2023 | Tenant Academy Sports + Outdoors |
| Cap Rate 6.75% | Lease Type
Double NN | Guarantor Corp T and Rated |
| Size/SF
63,224
| Lease Start
09-01-2023
| #Units
269
|
| Price/SF $162.22 | Expiration
09-01-2038
| Tenant Type Sport/Fitness |
| NOI $692,303 | R. Term 13.1 | Ownership Fee Simple |
| Rent/SF
$10.95
| Increases 9.5%/5/yrs | Pop 5Mi 22,758 |
| Lot/AC 5.97 | Options 3/5yrs/9.5% | AHHI 5Mi $89,237 |
| | |
This newly constructed Academy Sports + Outdoors is located along Market St, which averages 11,100 vehicles passing by daily, and is a major retail thoroughfare serving the city of Brenham. The property is adjacent to U.S. Highway 290, a major east/west thoroughfare averaging 37,500 VPD. The asset is located within the new development Market Square Brenham, a 51-acre development that will...
...New construction
Near major nationals
Highway close
Affluent suburb location
New development zone
Income tax free state
Brand new lease
Long 15+ yr lease
Traded and rated company
Corporate Guarantee
Academy Sports + Outdoor, Inc. (NYSE: ASO) is a leading full-line sporting goods and outdoor recreation retailer, with its epicenter in the great Houston area. Academy’s product assortment focuses...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 8,827 | 19,578 | 22,939 |
| 2023 Total Population : | 8,872 | 19,561 | 22,755 |
| 2023 Employed Civilian Pop : | 3,437 | 7,944 | 9,467 |
| 2023 Total Businesses : | 505 | 1,185 | 1,265 |
| 2023 Average Household Income : | $ 81,913 | $ 93,952 | $ 97,421 |
| 2023 Total Consumer Spending : | $ 223 M | $ 603 M | $ 730 M |
| 2023 Median Age : | 33 | 38 | 39 |
| 2023 Total Households : | 3,098 | 7,317 | 8,557 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,109 | 2,762 | 3,301 |
| 2023 Average Home Value : | $ 202,109 | $ 282,113 | $ 314,494 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| S Austin St | W Commerce St | 2002 | 9,500 | 0.21 mi |
| College Ave | S Day St | 2002 | 3,200 | 0.22 mi |
| South Austin Street | W Commerce St | 2020 | 7,948 | 0.24 mi |
| College Avenue | S Austin St | 2021 | 1,888 | 0.25 mi |
| West Main Street | Seward St | 2020 | 4,368 | 0.26 mi |
| North Austin Parkway | W Vulcan St | 2021 | 7,080 | 0.32 mi |
| North Austin Parkway | W Main St | 2020 | 6,556 | 0.32 mi |
| South Austin Street | Cooke St | 2021 | 8,587 | 0.33 mi |
| South Austin Street | W Germania St | 2020 | 7,951 | 0.33 mi |
| South Saint Charles Street | E Alamo St | 2021 | 6,492 | 0.44 mi |
Kennesaw, GA
Cap Rate 6.25%
Lease NN+
R. Term 7.70 yrs
Size/SF 62,960
Fort Worth, TX
Cap Rate 7.50%
Lease Double NN
R. Term 7.90 yrs
Size/SF 36,000
Columbus, OH
Cap Rate 7.75%
Lease NN+
R. Term 8.10 yrs
Size/SF 45,000
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
