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
Tenant Overview
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.
Area Overview
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