Blue West Capital is pleased to exclusively offer for sale a single tenant net leased Academy Sports and Outdoors property located in Atlanta MSA. The property features a corporate lease to a publicly traded company (NYSE: ASO) with a $4 billion market cap. The long-term lease has over 9 years remaining and there are fixed rental increases every five years during the primary term and options.
The affluent surrounding area has average annual household incomes of $120,000 within five miles. The property is strategically positioned as an outparcel to a trophy Whole Foods-anchored mixed-use development. Other retailers include Costco, Publix, Target, Tesla, CarMax, Floor & Décor, Bahama Breeze, Chipotle, Chick-fil-A, Taco Bell, Wendy’s, Wells Fargo, and many others.