Historical Retail Sale Listing - Gander Mountain

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Gander Mountain

100 Gander Way, Palm Beach Gardens, FL 33403

N/A

120,000 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
120,000 SF
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with
10+ years left on lease
Construction Status:
Under Construction/
Proposed
Commission Split:
0.75%
Cap Rate:
8.50%
Occupancy:
100%
Tenancy:
Single
Year Built:
2008
Lot Size:
13.18 AC
Listing ID
15557105
Last Updated
over 1 year ago

Highlights

  • New construction
  • 15 year lease
  • 4, 5 year renewal options
  • Rent commencement: March 2008

Description

Gander Mountain, headquartered in St. Paul, Minnesota, is a leading specialty retailer that serves the needs of outdoor lifestyle enthusiasts, with a particular focus on hunting, fishing, camping and boating. As of February 2008, the Company had 115 Gander Mountain outdoor lifestyle stores.

As of February 2, 2008, Gander Mountain (NASDAQ: GMTN) had a tangible net worth of approximately $193 million and annual revenues of approximately $969 million.

Gander Mountain is well situated on the Southeast corner of I-95 & Northlake Blvd. next to the Home Depot Center. Other national tenants in Palm Beach Gardens include: Costco, Lowe' s, Restoration Hardware & Kmart to name a few.

Map of 100 Gander Way, Palm Beach Gardens, FL 33403 (Palm Beach County)

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Created 2/9/2008