Listed by CBRE - Oak Brook, CBRE - Saint Louis
$6,975,000
Dick’s Sporting Goods
Details
APN F10-7-25.0-0-054-049.110
Property Type Retail
Sub Type Storefront
Square Footage 40,000
Net Rentable (SqFt) 40,000
Units 1
Cap Rate 7%
NOI $488,166
Occupancy 100%
Tenancy Single
Brand/Tenant Dick's Sporting Goods
Lease Type NN
Lease Term 15.8
Lease Expiration 01/31/2031
Remaining Term 4.7
Lease Options 3
Price per SqFt $174
Year Built 2005
Buildings 1
Stories 1
Acreage 3.620
Zoning C2
Parking Spaces 213 spaces
Parking Per SqFt 5.33
Investment Type Net Lease
Lease Commencement 05/01/2015
Occupancy Date 05/06/2015
Ownership Fee Simple
Recent Extension | Adjacent to ALDI, Target, Five Below, ULTA & More
Investment highlights
LONG-TERM OPERATING HISTORY WITH RECENT EXTENSION
ESTABLISHED NATIONAL TENANT
HIGH CONCENTRATION OF STRONG-PERFORMING NATIONAL TENANTS
HIGH VISIBILITY & EASY ACCESS ALONG HIGHWAY 100
Listing Contacts
Listed by CBRE - Oak Brook, CBRE - Saint Louis
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$488,166.00
$40,680.50/mo
Valuation Metrics
0
DSCR
7%
Cap Rate
7%
ROI
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