Language and Region
Currency

Email*

Please enter a valid email address.

To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

Message

932 characters remaining

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

Your email has been sent.

Dick's Sporting Goods 3162 Phoenix Center Dr 40,000 SF Retail Building Washington, MO 63090 $9,718,337 CAD ($242.96 CAD/SF) 7% Cap Rate

.mosaic-column{display:inline-block!important;height:100%!important;width:auto!important}.mosaic-tile i{display:none!important}.mosaic-tile img{height:100%!important;width:auto!important}

Investment Highlights

LONG-TERM OPERATING HISTORY WITH RECENT EXTENSION
HIGH CONCENTRATION OF STRONG-PERFORMING NATIONAL TENANTS

ESTABLISHED NATIONAL TENANT
HIGH VISIBILITY & EASY ACCESS ALONG HIGHWAY 100

Executive Summary

CBRE National Retail Partners – Midwest is pleased to present the opportunity to acquire 100% fee interest in a 40,000-square-foot Dick’s Sporting Goods, located in Washington, MO (“The Property”). Dick’s Sporting Goods has been a tenant at the center since 2015 and recently exercised its first option period, extending the term through January 2031.
The Property is ideally situated as an anchor to Phoenix Center II, a 216,567-square-foot open-air power center anchored by national retailers such as Ross Dress for Less, Marshalls, Dollar Tree, PetSmart, and Ulta Beauty. Phoenix Center is a prominent retail destination along Washington’s primary corridor on Highway 100, which sees over 22,000 vehicles pass through daily and serves as a regional hub for Franklin County, drawing customers from a wide trade area and supporting a robust retail environment.
Dick’s Sporting Goods is a leading American retailer specializing in sports equipment, apparel, footwear, and accessories, founded in 1948. Operating over 890 stores and with a strong e-commerce presence, the company offers a broad range of products and serves as a premier destination for athletes and fitness enthusiasts.

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Freestanding

Building Size

40,000 SF

Building Class

Year Built

2015

Price

$9,718,337 CAD

Price Per SF

$242.96 CAD

Cap Rate

NOI

$680,167 CAD

Tenancy

Single

Building Height

1 Story

Loading Docks

1 Exterior

Building FAR

0.23

Lot Size

4.08 AC

Zoning

C2 - General Commercial District

Parking

100 Spaces (2.5 Spaces per 1,000 SF Leased)

Frontage

210’ on prk

Major Tenants

Retailer
40,000 SF
-
Jan 2031

DICK'S Sporting Goods began in 1948 as a bait-and-tackle shop in Binghamton, New York, founded by Dick Stack after an Army surplus store owner dismissed his product ideas. The company later broadened its assortment into sports and outdoor equipment, athletic apparel, and footwear, and it now operates under banners including DICK'S Sporting Goods, Golf Galaxy, Public Lands, Going Going Gone!, House of Sport, and Golf Galaxy Performance Center. DICK'S also owns and operates GameChanger, a youth sports mobile platform for live streaming, scheduling, communications, and scorekeeping. In 2025, the business added the Foot Locker portfolio, extending the company's presence across the global sneaker market.