Share This Listing

Message

929 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Academy Sports + Outdoors 12075 Lamey Bridge Rd 62,943 SF Retail Building Diberville, MS 39540 $14,244,059 CAD ($226.30 CAD/SF) 7.75% Cap Rate

Save this listing!

Favourite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

Academy Sports + Outdoors has 6+ years of term remaining with five, (5yr) options to renew
Rental increases of $0.50 per square foot every 5 years during the term and renewal options, increasing NOI and hedging against inflation. The next rent bump is March 1, 2026, which is accounted for in the OM
Academy is a leading full-time sporting goods and outdoor recreation retailer currently operating over 259 stores across 16 states
Surrounded by national tenants including Walmart Supercenter, Lowe’s Home Improvement, Target, Best Buy, Kohl's, Walgreens, Chick-fil-A, and many more
NNN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
LL is responsible for structural repairs to the building, including the roof, roof membrane, foundation, load-bearing walls, and any other structural members of the building
Ideal, low-management investment for a passive investor

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
62,943 SF
Building Class
B
Year Built
2015
Price
$14,244,059 CAD
Price Per SF
$226.30 CAD
Cap Rate
7.75%
NOI
$1,103,915 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
7.55 AC
Opportunity Zone
Yes

AMENITIES

  • Freeway Visibility
  • Signage
  • Tenant Controlled HVAC
  • Air Conditioning

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Academy is one of the leading full-line sporting goods and outdoor recreation retailers in the United States. Originally founded in 1938 as a family business in Texas, Academy has grown to multiple stores across the United States. Academy’s mission is to provide “Fun for All” and Academy fulfills this mission with a localized merchandising strategy and value proposition that strongly connects with a broad range of consumers. Academy’s product assortment focuses on key categories of outdoor, apparel, footwear and sports & recreation through both leading national brands and a portfolio of private label brands.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 99,999 SF - Lorem Ipsum Jan 0000

NEARBY MAJOR RETAILERS

7 Brew Coffee
Bambu
Woodforest National Bank
Community Bank Coast
Twin Peaks
Outback Steakhouse
Rent-a-center
Olive Garden
Chicken Salad Chick
Buffalo Wild Wings

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1408E-01-001.020
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,122,985 CAD
  • Listing ID: 35290346

  • Date on Market: 2025-03-28

  • Last Updated:

  • Address: 12075 Lamey Bridge Rd, Diberville, MS 39540

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}