RealtyLink Development

Academy Sports + Outdoors

2409 N Perkins Rd
Stillwater, OK 74075

Property: Investment Sales

Square Footage: +/- 63,007

Acreage: +/- 4.434

Price: $8,500,000

Cap Rate: 6.63%

Description:

The Kase Group is pleased to offer the opportunity to acquire the 100% fee simple interest in a net leased Academy Sports + Outdoors in Stillwater, Oklahoma. The tenant has a 15-year lease that commenced in May, 2015. The 100% fee simple interest in the underlying land and building is being offered. The tenant has four 5 year options to renew and scheduled increases every five years including at the option periods. The landlord is responsible for roof and structure.

The property is well situated at a signalized intersection with heavy traffic counts on Perkins Road (19,579 VPD). There are several national retailers surrounding the property as well including Walmart Neighborhood Market, Best Buy, Olive Garden, Lowe’s and many more. This site is also just 2 miles from Oklahoma State University with over 25,500 students in attendance.

Academy Sports + Outdoors

Downloads

Demographics         

Site Plan         

Aerials         

Investment Package         

Contact

Tyson Glasser, CCIM
Investment Sales Director
(864) 263-5427 - Main
(404) 435-6312 - Mobile
tglasser@realtylinkdev.com