loader
Join Free
Views: 103 DOM: 19 Updated: 08.28.24 Posted: 08.28.24 Status: Active

Summary

Price $10,000,000
Built/Renov 2014
Tenant Sportsman's Warehouse
Cap Rate 8.25%
Lease Type Gross
Guarantor Corp Traded
Size/SF 55,000
Lease Start 11-01-2014
#Units 146
Price/SF $181.82
Expiration 01-31-2036
Tenant Type General Retail
NOI $825,000
R. Term 11.4
Ownership Fee Simple
Rent/SF $15.00
Increases 5.0%/5/yrs
Pop 5Mi 147,014
Lot/AC 8.58
Options 2/5yrs/5%
AHHI 5Mi $101,428

Lease Highlights

  • Sportsman's Warehouse has 11+ years remaining on the current lease term with 2 (5-year) options to extend
  • The lease features fluctuating rental escalations throughout the initial term and option periods
  • Corporate guaranteed lease (NASDAQ: SPWH)

Location Description

Sportsman’s Warehouse is strategically located on Miracle Mile Drive, with access to 22,500 vehicles passing by daily. The property is situated on a pad site adjacent to The Marketplace Mall and is less than a mile from Interstate 390, which connects to Interstates 90 and 590. Additionally, the immediate area is home to well-known national tenants, including Walmart, Wegmans, BJ’s Wholesale...

...

Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

Sportsman’s Warehouse Holdings, Inc. (NASDAQ: SPWH) is an American outdoor sporting goods specialty retailer. The products offered at Sportsman's Warehouse range from departments including...


...

Listing Broker

Loading...
Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT

GET IN TOUCH

my activity