6700 Whittlesey Blvd
Columbus, GA 31909
Academy Sports + Outdoors · Retail Property For Sale

FAVORABLE LEASE STRUCTURE - Passive lease structure with limited LL responsibilities - Store opened in 2018 - ±14 years on the base term - Three (3), 5-year renewal options - Rent escalations every 5 years throughout the base term and options - Fundamental base rent of $11 PSF - 20-year roof warranty that extends throughout the base term FUNDAMENTAL REAL ESTATE - Flat topography with phenomenal visibility along Whittlesey Blvd. - Multiple points of ingress/egress - Shopping center has direct access to a traffic signal - Large parcel size of ±6.83 acres with ample parking - Located within the dominant retail trade areas in the Columbus-Auburn-Opelika CSA ACADEMY SPORTS + OUTDOORS - Georgia is one of three "Heritage Markets" for Academy due to strong name-brand recognition by customers - Academy is finishing a complete renovation of their e-commerce platform, including the Buy Online, Pickup in Store (BOPIS) strategy, which is a significant sales driver - After Texas and Louisiana, Georgia has the most Academy Sports locations in the U.S. - KKR acquired Academy Sports + Outdoors in 2011 and has a net worth of $8.167 B (2018) OPTIMAL MARKET DEMOGRAPHICS - Dense surrounding population: 46,393 (3-mi) & 102,245 (5-mi) - Explosive growth since 2000 o Population increase: 55.97% (1-mi), 37.50% (3-mi) & 21.59% (5-mi) o Household increase: 74.02% (1-mi), 44.95% (3-mi) & 23.68% (5-mi) - Number of households over the next 5 years is expected to grow by 17.85%(1-mi), 11.93% (3-mi) & 6.91% (5-mi) - Supportive AHHI: $82,937 (1-mi), $77,769 (3-mi) & $75,706 (5-mi) - Columbus-Auburn-Opelika CSA has a population over 500,000 DIVERSE & STABLE ECONOMIC DRIVERS - Fort Benning o Largest employer in the Columbus region with 100,000 active duty military, reserve, component soldiers, and civilian employees o Annual economic impact of ±$4.75 B o Active military base for 100+ years - Kia Motors Manufacturing Georgia o Employs 3,000+ people o 2,200 acre plant with a total investment of $1.1 B o Produces nearly 1 MM vehicles per year o Vehicles assembled at this plant account for 40% of all of Kia's domestic sales - TSYS - Total System Services, Inc. o Publicly traded on NYSE with market cap of $23.49 B o 2nd largest employer in the Columbus region with 4,960+ employees o Columbus, GA is home to their global HQ o Credit card processor, merchant acquirer and bank credit card issuer that provides services throughout the world - Aflac o Employs 3,670+ people o Publicly traded on the NYSE (AFL) o Global headquarters in Columbus, GA o Market cap of $36.7 B