Academy Sports Two-Property Portfolio

JLL is pleased to exclusively offer the opportunity to acquire two single-tenant properties (the “Properties” or “Portfolio”) corporately leased to Academy Sports + Outdoors (the “Tenant”) in Greenville, NC and McDonough, GA with a portfolio WALT of 11 years remaining. Each property features minimal landlord responsibilities and the opportunity to acquire fee-simple real estate on secure, long-term leases. The Tenant recently went through an IPO process in Q4 2020 and has since received multiple credit rating upgrades, with a current rating of B1 / Stable (Moody’s). At 259 locations nationwide, Academy Sports + Outdoors carries a wide range of quality hunting, fishing, and camping gear, as well as patio sets, barbeque grills, and sporting & recreational equipment from renowned brands. Headquartered in Katy, Texas, Academy Sports + Outdoors is one of the nation’s largest sporting and outdoor stores.

• ACADEMY SPORTS + OUTDOORS TENANCY W/ RECENT CREDIT UPGRADES & SIGNIFICANT YoY GROWTH
• PORTFOLIO WALT OF 11+ YEARS WITH ATTRACTIVE NET LEASE STRUCTURE
• HIGH TRAFFIC COUNT LOCATIONS IN PREMIER REGIONAL RETAIL TRADE AREAS
• TOP PERFORMING STORES
• HIGH GROWTH SOUTHEAST CITIES WITH STRONG SURROUNDING DENSITY
• NEARBY ECONOMIC DEMAND DRIVERS