As an investor, properties with substantial return and certainty of stability arent easy to come by. An investment with these qualities with the potential for incredible growth into the future are even more rare. This commercial real estate opportunity, home to Academy Sports & Outdoors, checks those boxes, and then some.
Situated at the West end of the bustling Liberty Commons, the quality of location of this free-standing 62,912 square foot building is unsurpassed by similar opportunities available on the market today. Liberty, Missouri is one of the fastest developing municipalities in the Kansas City Metropolitan area.
This key positioning along with the strength of Academy Sports & Outdoors makes this a relationship poised for great success throughout the 13 years remaining on the current contract. With 3 additional 5 year rental options there is great value offering increased return well into the future.
The possibilities dont stop with the current renter, however. As an anchor tenant in Liberty Commons, Academys rate of rent averages $8.34/square ft over the current lease term. Other tenants in the shopping center are renting at an average of $16-25/square foot meaning the ability to command substantially more than the current average of monthly incomes of over $43,000 upon completion of the current rental term.