This Retail Property is Off-Market.

100 Gander Way
Palm Beach Gardens, FL 33403 ·

120,000 SF · Retail For Sale

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Gander Mountain

Price N/A Commission Split 0.75%
Building Size 120,000 SF Cap Rate 8.50%
Property Type Retail Occupancy 100%
Property Sub-type Free Standing Bldg Tenancy Single
Property Use Type Net Lease Investment with 10+ years left on lease Year Built 2008
Construction Status Under Construction/Proposed Lot Size 13.18 AC
Listing ID: 15557105 Date Created: 02/09/2008 Last Updated: 09/03/2009

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.

Highlights

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

Research

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

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