Kennesaw, GA
Price: $10,826,000
Cap Rate: 6.25%
Status: AVAILABLE

MainPhoto
MainPhoto3
MainPhoto2
MainPhoto-Aerial
2MainPhoto-Aerial
MainPhoto MainPhoto3 MainPhoto2 MainPhoto-Aerial 2MainPhoto-Aerial

DOWNLOAD OM

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.

  • Located within the Altana MSA in an affluent and rapidly expanding area 
  • Long-term lease with over 9 years remaining 
  • Outparcel to a trophy Whole Foods-anchored mixed-use development 
  • Recent high-end construction (2016) with the company’s latest state of the art prototype building 
  • Corporate lease to a publicly traded company (NYSE: ASO) with a $4 billion market cap 
  • Affluent surrounding area with average annual household incomes of $120,000 within five miles 
  • Located at the NWC of Barrett Pkwy & Cobb Pkwy, one of the most prominent intersections in the region with over 89,000 VPD 
  • Densely concentrated area with significant barriers to entry 
  • Fixed rental increases every five years during the primary term and options 
  • Immediate proximity to Kennesaw State University, the largest college in the state with more than 41,000 students 
  • Positioned within a strong retail trade area that includes Costco, Publix, Target, Tesla, CarMax, Floor & Décor, Bahama Breeze, Chipotle, Chick-fil-A, Taco Bell, Wendy’s, Wells Fargo, and many others.

OFFERING SUMMARY

Price: $10,826,000
Cap Rate: 6.25%

Building SF: 62,960 SF
Land Size:
6.22 AC

INVESTMENT CONTACT

BRANDON GAYESKI
Director
Investment Sales
720.966.1627
Brandon@BlueWestCapital.com

ZACH WRIGHT
Director & Partner
Investment Sales
720.966.1628
Zach@BlueWestCapital.com

VIEW ALL LISTINGS
GET IN TOUCH
2022-09-08T08:38:42-07:00
Go to Top