Dick's Sporting Goods
Recent 5-Year Extension | 20+ Year Operating History | Mall Break-Off Opportunity
Marketing description
The Dick’s Sporting Goods box is located on the East side of The Lakes Mall (645,000+ SF of retail), which is located off Harvey Street, between E. Mt. Garfield Road and E. Sternberg Road. The Mall has direct access from US Highway 31 (47,000 VPD) with multiple points of ingress and egress along the frontage roads mentioned above. A suite of national tenants are outparcel’s to the mall including names like Olive Garden, Starbucks, Bob Evans, Red Lobster, Arby’s, Burger King, Take 5 Oil Change, Buffalo Wild Wings, and more. Dick’s is a co-anchor to the mall with Family Farm & Home and JCPenney. The surrounding area is the primary retail destination in Muskegon, and features Target, Menards, Meijer, Burlington, TJ Maxx, HomeGoods, Best Buy and Aldi to name a few, further increasing consumer traffic to the site. The 5-mile trade area is supported by a population of over 66,000 residents with an average household income of $88,000.
Investment highlights
New Lease Extension | Corporate Guaranteed Lease | Options To Extend | Scheduled Rental Increases
NN Lease | Fee Simple Ownership | Buyer Subdivision | Minimal Landlord Responsibilities
Anchor Tenant at The Lakes Mall (645,000 SF Retail) | Primary Retail Corridor | Nearby National Credit Tenants
Strong Demographics In 5-Mile Trade Area
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