Academy Sports - Amarillo, TX — Sale in Amarillo, TX
- Price: $15.1M
- Listing type: For sale
- Asset type: Retail Business
- Location: Amarillo, TX 79119
- Size: 76,933 SF
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Investment Figures
- Cap rate
- 6.35%
- Price per square foot
- $197
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in a freestanding Academy Sports + Outdoors located at 4400 Soncy Road in Amarillo, Texas (“Property” or “Asset”). Academy Sports will enter a rare, 20.0-year, absolute NNN lease at the transaction’s closing with $1.00/SF rent escalations every 5-years and four, 5-year options.
Market Context
This retail in Amarillo, TX is listed for sale at $15,144,000 across 76,933 SF. It is offered at an approximate 6.3% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Amarillo, TX — view the full market.
Contact
- Caroline Pinkston · 2144386590 · caroline.pinkston@jll.com
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