Tenant: Academy Sports + Outdoors
Premises: 48689 SF
Renewal Options: 4 x 5
Lease Expiration: 09/30/2022
Lease Type: NNN
Rental Increases: Fair Market Value at Options
- Absolute NNN with 8 Years Remaining
- Below Replacement Cost -$92 PSF
- Strong Trade Area Including Dillard’s, Sears, JCPenney, Carmike Cinemas, Target, BestBuy, Michaels, TJ Maxx, Petco, Starbucks, Bed Bath & Beyond
- Amazing Location Next to Longview Mall and Tomlinson Pkwy
- Longview MSA Boasts Low Unemployment
Academy Sports + Outdoors is a sports goods discount store chain. For 74 years it was a privately held company owned by the Gochman family, until its May 2011 sale of majority ownership to the investment firm Kohlberg Kravis and Roberts LP. Academy operates nearly 190 stores throughout Alabama, Arkansas, Florida, Georgia, Indiana, Kansas, Louisiana, Mississippi, Missouri, North Carolina, Oklahoma, South Carolina, Tennessee, Texas, Kentucky and Indiana. Academy Sports and Outdoors has its corporate offices and product distribution center in unincorporated western Harris County, Texas, United States, near Katy.
