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Academy Sports + Outdoors NNN Investment Opportunity
12075 Lamey Bridge Road Diberville, MS 39540
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Overview
Academy Sports + Outdoors has 6+ years of term remaining with five, (5yr) options to renew
Rental increases of $0.50 per square foot every 5 years during the term and renewal options, increasing NOI and hedging against inflation. The next rent bump is March 1, 2026, which is accounted for in the OM
Academy is a leading full-time sporting goods and outdoor recreation retailer currently operating over 259 stores across 16 states
Surrounded by national tenants including Walmart Supercenter, Lowe’s Home Improvement, Target, Best Buy, Kohl's, Walgreens, Chick-fil-A, and many more
NNN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
LL is responsible for structural repairs to the building, including the roof, roof membrane, foundation, load-bearing walls, and any other structural members of the building
Ideal, low-management investment for a passive investor
For Sale
Retail
Secondary Uses: Big Box
- Sale Price
- $10,907,793
- Price Per SF
- $155.3/SF
- Building Size
- 70,258 SF
- Acres
- 8.18 ac
- Showing Instructions
- Contact Broker
- Number of Buildings
- 1
- Floors
- 1
- Construction Siding
- Brick
- Construction Type
- Masonry
- Sprinklers
- Other
- Rentable SF
- 62,963
- Nearest MSA
- Gulfport-Biloxi
- Property Status
- Existing
- In Opportunity Zone
- Yes
- County
- Harrison
- Created
- 2025-03-28
- Updated
- 2025-04-02
- Listing ID
- 30cafdd6
- Parcel APN
- 1408E-01-001.020