RealtyLink Development

Academy Sports + Outdoors

2409 N Perkins Rd
Stillwater, OK 74075

PROPERTY SOLD

Property: Investment Sales

Square Footage: +/- 63,007

Acreage: +/- 4.434

Price: $8,675,000

Cap Rate: 6.50%

Description:

  • Industry leading credit tenant on a 15 year corporate lease
  • 2015 class A construction at a high traffic high profile signalized intersection
  • 2014 traffic counts of 19,600 AADT directly in front of property (highest count in city)
  • Dominant regional trade area adjacent to a new Ross, Belk, Petco, Best Buy power center
  • 2 miles from Oklahoma State University (24,000 students 6,000 employees) and 3 miles from Stillwater Regional Airport
  • Academy (KKR owned) is the #1 sporting goods retailer in sales per store and has 200+ stores in 15 states
  • Consistently growing market since 2000 with over 85,000 people within a 30 minute drive
  • Ranked 6th fastest growing small city in the U.S. by Forbes.com and one of “America’s Best Small Cities” by CNN/Money