Flowood, MS 39232

Academy Sports + Outdoors

Property Address

115 Freedom Bend, Flowood, MS, USA

Offering Summary

  • Price: $11,886,800
  • Lot Size: 7.19 Acres
  • Cap Rate: 6.35%
  • Year Built: 2014
  • Building SF: 72,238
  • Status: Available
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  • 9.5 Years Remaining on Lease Term with Corporate Guaranty by Academy Sports + Outdoors (NASDAQ: ASO)
  • Next Rent Increase Occurs on July 1, 2024
  • Situated within the Jackson MSA - 23,200 Residents within a Five-Mile Radius
  • Located at the Convergence of Four Shopping Centers: Lakeland Commons, Dogwood Promenade, Dogwood Festival Market, and Market Street Flowood. Major Tenants Include Target, Lowe's, Kroger, Belk, Kohl's, and JCPenney
  • Signalized Location Along Old Fannin Road (20,000+ Cars/Day)
  • Easily Accessible from Lakeland Drive/Highway 25, the Main East-West Corridor in Flowood and One of the Fastest-Growing Commercial Areas in the State
  • Down the Road from Waterpointe, a Mixed-Use Development with Retail, Dining, Class A Office, Single-Family Residences, Luxury Lofts, and a Senior Living Community
  • Within a 10-Minute Drive of Jackson-Medgar Wiley Evers International Airport
  • Average Household Income Exceeds $72,000 in the Surrounding Area

Broker Information