Dick's Sporting Goods | 2310 SW Military Dr
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Dick's Sporting Goods 2310 SW Military Dr
50,230 SF Retail Building San Antonio, TX 78224 $9,041,400 ($180/SF) 7.50% Cap Rate
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.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
50,230 SF
Building Class
B
Year Built
1974
Price
$9,041,400
Price Per SF
$180
Cap Rate
7.50%
NOI
$678,105
Tenancy
Single
Building Height
1 Story
Zoning
I-2
Frontage
Amenities
- Bus Line
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 12328-000-0028 | Improvements Assessment | $44,083,760 |
| Land Assessment | $13,341,240 | Total Assessment | $57,425,000 |
PROPERTY TAXES
Parcel Number
12328-000-0028
Land Assessment
$13,341,240
Improvements Assessment
$44,083,760
Total Assessment
$57,425,000
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Christopher Bosworth -
Brian Pfohl -
Thomas Carr -
Eric Dyer -
Kaitlyn Wolf -
Power Broker Price Onken -
Leah Lindell -
Abby Kelly -
CBRE, Inc.
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Dick's Sporting Goods | 2310 SW Military Dr
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