Academy Sports + Outdoors - Anderson (Greenville MSA), SC

02/03/2017

Academy Sports + Outdoors is a premier sports, outdoor and recreation lifestyle retailer with a unique assortment of quality hunting, fishing, and camping equipment and gear along with sports and leisure products, footwear, apparel and much more. The Texas-based company operates over 225 stores in 16 states.

This offering is a NN Corporate lease to Academy Sports + Outdoors (over 225 locations in 16 States and $4.6 Billion in Sales). Academy is located in the core of the Anderson, SC (Greenville MSA) robust regional trade area along Clemson Blvd., which contains over 4,300,000 SF of retail with only a 2.5% vacancy rate.

Academy is close to the Anderson Mall, a 672,000+ GLA regional mall anchored by Belk, Dillard' s, Sears, and JCPenney. Other major area retailers include Wal-Mart, Super Target, Best Buy, Dick' s, Home Depot, and Lowe' s among others. Academy occupies a prime location, adjacent to an Office Depot and TJ Maxx, as well as being along the only access point to Home Depot. Academy signed a 15 year lease ending in 2028 with $0.50 per SF increases every 5 years, including the three 5 year option periods.