Academy and Life Church Flyer

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Academy and Life Church Flyer ACADEMY & LIFE CHURCH NOW AVAILABLE ACADEMY SPORTS / LIFE CHURCH EXECUTIVE SUMMARY OFFERING SUMMARY PROPERTY OVERVIEW Sale Price: $7,590,000 • Interstate Frontage exposure Price / SF: $71.66 • Credit tenants Cap Rate: 8.0% • Oklahoma City retail market approximately 90% occupied NOI: $607,089 • Academy space newly remodeled 2015 Lot Size: 10.882 acres • Life Church is a mega-church found in Oklahoma City, operating 27 satellite Year Built: 1986 campuses in 7 states with over 80,000 people in attendance on the weekends. Building Size: 105,920 SF • Johnny Carino's has sales of $488.14/SF in 2015 (pad site not included in Renovated: 2015 property being offered) LOCATION OVERVIEW Zoning: Commercial Retail The property is located on the Southeast Corner of I-240 and Walker Avenue, Market: Oklahoma City South Oklahoma City's busiest intersection with the highest traffic counts. Metro Directly across from the property is newly developed Townesouth Shopping Center which includes over 100,000 square feet of national credit retail Submarket: South Oklahoma tenants. Holiday Inn Express was just completed within the last two years and City new construction of the La Quinta is expected to begin at the end of 2016. For more information please contact: PAUL RAVENCRAFT PHILLIP MAZAHERI, CCIM GEORGE WILLIAMS [email protected] [email protected] [email protected] 405.239.1220 405.239.1221 405.239.1270 ACADEMY & LIFE CHURCH NOW AVAILABLE ACADEMY SPORTS / LIFE CHURCH TENANT PROFILES Life Church Life Church is a mega church based out of Oklahoma with locations around the world. Life Church has over 27 satellite churches and 45 network churches across the US, Canada, Philippines and South Africa. Craig Groeschel is the founder and senior pastor of Life.Church. As of last summer, attendance was nearly 80,000 per weekend. On Easter Sunday, 2007, Life Church began broadcasting from their new campus in the online game Second Life. Life Church also decided to do away with "church membership", deciding instead to encourage people to become "partners" in helping lead people to become fully devoted followers of Christ. The church has developed a Bible application for mobile phones, YouVersion. Introduced in 2008, it has been described as "the world's most TENANT HIGHLIGHTS popular Bible program for mobile phones." • Life Church has 18 locations in Oklahoma • Eighty Thousand attendees per weekend • Expanded to 7 states • Oklahoma's top mega-church in the entire state For more information please contact: PAUL RAVENCRAFT PHILLIP MAZAHERI, CCIM GEORGE WILLIAMS [email protected] [email protected] [email protected] 405.239.1220 405.239.1221 405.239.1270 ACADEMY & LIFE CHURCH NOW AVAILABLE ACADEMY SPORTS / LIFE CHURCH Academy Sports + Outdoors Academy Sports + Outdoors is a sports goods discount store chain. Academy carries an extensive line of name-brand equipment and clothing and shoes for competitive sports, physical fitness training, and outdoor recreational activities such as camping, hunting, fishing, and boating. Academy's company headquarters are located in Katy, Texas, a suburb of Houston, where it also owns a large warehouse used for effective inventory control and distribution. For 74 years it was a privately held company owned by the Gochman Family, until its May 2011 acquisition by the NYSE listed investment firm Kohlberg Kravis Roberts (KKR). Academy operates 200 stores throughout 15 states. Academy Sports and TENANT HIGHLIGHTS Outdoors has its corporate offices and product distribution center in unincorporated western Harris County, Texas, near Katy. • Academy has operated over 80 years • Operates 200 stores in 15 states with annual sales exceeding $4.6 billion • KKR (NYSE) has completed over $400 billion in private equity transactions • Headquartered in Katy, TX For more information please contact: PAUL RAVENCRAFT PHILLIP MAZAHERI, CCIM GEORGE WILLIAMS [email protected] [email protected] [email protected] 405.239.1220 405.239.1221 405.239.1270 ACADEMY & LIFE CHURCH NOW AVAILABLE ACADEMY SPORTS / LIFE CHURCH ADDITIONAL PHOTOS For more information please contact: PAUL RAVENCRAFT PHILLIP MAZAHERI, CCIM GEORGE WILLIAMS [email protected] [email protected] [email protected] 405.239.1220 405.239.1221 405.239.1270 ACADEMY & LIFE CHURCH NOW AVAILABLE ACADEMY SPORTS / LIFE CHURCH AERIAL MAP For more information please contact: PAUL RAVENCRAFT PHILLIP MAZAHERI, CCIM GEORGE WILLIAMS [email protected] [email protected] [email protected] 405.239.1220 405.239.1221 405.239.1270.
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