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Academy Sports + Outdoors 12075 Lamey Bridge Rd 62,943 SF Retail Building D'Iberville, MS 39540 $10,204,065 ($162.12/SF) 7.75% Cap Rate
Executive Summary
Academy Sports + Outdoors has 6+ years of term remaining with five, (5yr) options to renew
Rental increases of $0.50 per square foot every 5 years during the term and renewal options, increasing NOI and hedging against inflation. The next rent bump is March 1, 2026, which is accounted for in the OM
Academy is a leading full-time sporting goods and outdoor recreation retailer currently operating over 259 stores across 16 states
Surrounded by national tenants including Walmart Supercenter, Lowe’s Home Improvement, Target, Best Buy, Kohl's, Walgreens, Chick-fil-A, and many more
NNN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
LL is responsible for structural repairs to the building, including the roof, roof membrane, foundation, load-bearing walls, and any other structural members of the building
Ideal, low-management investment for a passive investor
Rental increases of $0.50 per square foot every 5 years during the term and renewal options, increasing NOI and hedging against inflation. The next rent bump is March 1, 2026, which is accounted for in the OM
Academy is a leading full-time sporting goods and outdoor recreation retailer currently operating over 259 stores across 16 states
Surrounded by national tenants including Walmart Supercenter, Lowe’s Home Improvement, Target, Best Buy, Kohl's, Walgreens, Chick-fil-A, and many more
NNN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
LL is responsible for structural repairs to the building, including the roof, roof membrane, foundation, load-bearing walls, and any other structural members of the building
Ideal, low-management investment for a passive investor
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
62,943 SF
Building Class
B
Year Built
2015
Price
$10,204,065
Price Per SF
$162.12
Cap Rate
7.75%
NOI
$790,815
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
7.55 AC
Opportunity Zone
Yes
Amenities
- Freeway Visibility
- Signage
- Tenant Controlled HVAC
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Academy is one of the leading full-line sporting goods and outdoor recreation retailers in the United States. Originally founded in 1938 as a family business in Texas, Academy has grown to multiple stores across the United States. Academy’s mission is to provide “Fun for All” and Academy fulfills this mission with a localized merchandising strategy and value proposition that strongly connects with a broad range of consumers. Academy’s product assortment focuses on key categories of outdoor, apparel, footwear and sports & recreation through both leading national brands and a portfolio of private label brands.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1408E-01-001.020 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $795,879 |
Property Taxes
Parcel Number
1408E-01-001.020
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$795,879
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