Tenant: Academy Sports + Outdoors
Premises: 74,596 SF
Renewal Options: 4 x 5 Years
Lease Expiration: January 31, 2026
Lease Type: Absolute NNN
Rental Increases: 3% Every 5 Years
- Absolute Triple Net (NNN) Lease – Zero Landlord Responsibilities
- 8+ Years Remaining Providing Secure Income Stream to New Investor
- 3% Increases Every Five (5) Years with Four (4), Five (5) Year Options to Renew
- Corporate Guarantee – Academy Sports, Ltd., a Parent Company of Academy Sports + Outdoors
- Academy was Ranked Number 87 on Forbes “America’s Largest Private Companies” in 2016
- Centrally Located with Excellent Visibility Along 5-Lane Eisenhower Pkwy, a Dominant Retail and Commercial Retail Corridor
- Less Than 2-Miles from I-75 Which Provides Direct Access to Atlanta (75 Miles) and Less Than 4-Miles from I-475
- Less Than 1-Mile from Macon Mall (Macy’s, Burlington Coat Factory, Rue 21, Bath & Body Works) and 2-Miles from Eisenhower Crossings (Kroger, Target, Party City, Best Buy, Ross Dress for Less, Staples, Home Depot, Marshalls, Old Navy, PetSmart and More
- 3-Mile Daytime Population of 82,000+ and 1-Mile Daytime Population of 11,000+• Strong Demographics – 10-Mile Population of 165,000+
- Three Access Points – Two from Key Road and One from Eisenhower Pkwy
- Select Nearby Tenants Include: Lowe’s, Chick-fil-A, Applebee’s, Checkers, Office Depot, Taco Bell, Walgreens, Big Lots, Pier 1, CVS, Save-A-Lot, Walgreens, Subway and McDonald’s
Tenant Overview
Academy Sports + Outdoors is one of the nation’s largest sporting goods and outdoor stores. It is currently owned by funds advised by Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, “KKR”), a leading global investment firm, and led by CEO and President J.K. Symancyk. Over the last several decades, the company has grown substantially from its small beginnings. Sales reached one billion dollars in 2004, two billion dollars in 2007, and three billion dollars in 2012. Today, annual sales exceed $4.6 billion. Academy Sports + Outdoors has a broad 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 230 stores throughout Alabama, Arkansas, Florida, Georgia, Indiana, Kansas, Kentucky, Louisiana, Mississippi, Missouri, North Carolina, Oklahoma, South Carolina, Tennessee and Texas. The Academy Sports + Outdoors philosophy is to deliver an unparalleled shopping experience by providing convenience, offering a broad selection of quality products, delivering exceptional customer service and selling the right stuff at every day low prices.
