Long-Term Lease Term – The lease has approximately 12 years remaining on the base term, expiring in 2038, with three, 5-year renewal options.
Corporate Guarantee – Lease is corporately guaranteed, providing strong credit support for the owner.
Scheduled Rental Increases – Rent increases of $0.50 PSF occur every five years throughout the base term and option periods.
Limited Competition – The property is located more than 35 miles from the nearest Academy Sports + Outdoors location.
NNN Lease Structure – Passive, triple-net lease with minimal landlord responsibilities, offering a low-management investment profile.
National Credit Tenant – Academy Sports + Outdoors operates over 300 locations across 21 states, with planned expansion into Maryland and Pennsylvania in 2026.
Recent Construction – Newly constructed in 2023, minimizing near-term capital expenditures.
Steady Population Growth – Approximately 1% annual population growth within the one-mile and five-mile radius (2024).
Affluent Trade Area – The five-mile trade area is supported by a population exceeding 22,700 with average household incomes approaching $90,000.
Excellent Highway Access – Located directly off Highway 290, which carries traffic counts exceeding 30,000 vehicles per day.
Positioned Within Major Development – Situated within Market Square, a proposed 51-acre retail development.
Proximity to Major Retailers – Directly across from Brenham Crossing, featuring national tenants such as Marshalls, MOD Pizza, Five Below, Hobby Lobby, and PetSmart.
Near Blue Bell Center – Located near a major power center anchored by Walmart, Home Depot, Lowe’s, Dollar Tree, and Starbucks.
Adjacent to High-Performing QSR – Positioned behind a newly constructed Chick-fil-A.
Strategic Regional Location – Approximately halfway between Houston and Austin, and within 30 minutes of College Station.
Tourism Driver – Brenham is home to Blue Bell Creameries, a well-known regional attraction drawing visitors from across Texas.