Academy Sports & Outdoor

Academy Sports & Outdoor - Tenant News
Average Cap Rate Trend
7.25%
2020
7.50%
2021
12 mo avg with 10+ yr lease term (*Please Note Data Points Are Approximated & Based On Opinion*)
Average Sale Data & Lease Structure
Avg. Sale Price$8,500,000
Average Annual Rental Income$600,000
Avg. Price/ SF$140/SF
Typical Lease TypeDouble Net
Typical Lease Term15 Years
Typical Lease Escalations10% Every 5 Years
Credit Rating
S & PN/A
Moody'sN/A

Triple Net Newsletter

Stay Up To Date On Everything In The Triple Net Sector

Subscribe To Our Monthly Newsletter. View our past newsletters here.

Tenant Description

Founded in 1938, Academy Sports & Outdoors is a premier sports, outdoor, and recreation lifestyle retailer. They offer a unique assortment of equipment and clothing for fitness training, clothing, footwear, camping equipment, and much more.

Academy Sport & Outdoors operates 250+ stores in 15+ states throughout the South and Southwest. Academy Sport & Outdoors was acquired by the private equity firm Kohlberg Kravis Roberts & Co L.P. in August 2011.

What To Look For When Buying An Academy Sports & Outdoors

Potential Difficulty Re-Tenanting Large Space

Competition

Dicks Sporting Goods, Hobby Lobby

What Is Sold In An Academy Sports & Outdoors

Hunting, fishing, and camping equipment and gear along with sports and leisure products, footwear, and apparel

Academy Sports & Outdoors

https://www.academy.com/

Corporate Office Location

1800 N Mason Rd – Katy, TX 77449

Fast Facts

Academy Sports & Outdoors operates the fourth largest chain of retail sporting goods “megastore” outlets in the United States.

As of January 2019 Annual sales exceed $4.5 Billion

Ranked #251 on Forbes America’s Best Employers 2019
Ranked #83 on Forbes America’s Largest Private Companies 2018
Ranked #215 on Forbes Best Employers For Women 2018
Academy Sports & Outdoor – Tenant News

    Send us a Message