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Dick's Sporting Goods 2310 SW Military Dr

50,230 SF Retail Building San Antonio, TX 78224 £7,092,165 (£141/SF) 7.50% Net Initial Yield

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Investment Highlights

Anchor to the 793,978 SF South Park Mall (Macy's, JCPenney, Fitness Connection, Old Navy, etc.)
Chain Ranking: Top 33% in the U.S. and Top 39% in TX - Placer.ai
Feet from the on-ramp to I-35 (71,108 VPD)

Net Lease with Renewal Options | $0.50 PSF Increase in Each of the Three, 5-Year Renewal Options
Excellent Access & Visibility Along SW Military Drive (41,370 VPD)
San Antonio MSA (Population: 2.73M+)

Executive Summary

The CBRE Net Lease Property Group is pleased to offer for sale the 50,230-square-foot Dick’s Sporting Goods in San Antonio, Texas (MSA Population: 2.73M+). Originally set to expire in 2025, Dick’s Sporting Goods recently exercised its first of four 5-year renewal options, extending the lease through 2030. The net lease currently features ±5.2 years of term remaining with a $0.50 PSF increase in each of the three, 5-year renewal options.