RETAIL INVESTMENT GROUP Retail Investment Group Is Pleased to Be the Listing Agent for Big 5 Sporting Goods in Pueblo, Colorado
Click for Drone Footage Click for Interactive 360 Aerial 4330 N FREEWAY RD | PUEBLO, CO PRICE: $2,750,000 | CAP: 7.22% INVESTMENT OFFERING BIG 5 SPORTING GOODS EXECUTIVE SUMMARY PRICE: CAP: NOI: $2,750,000 7.22% $198,552 4330 N Freeway Rd. LOCATION: Pueblo, Colorado BUILDING SIZE: ±11,700 Square Feet LAND SIZE: ±1.74 Acres GUARANTOR: Big 5 Sporting Goods Corporate LEASE TYPE: *NNN LEASE EXPIRATION: January 31st, 2027 YEAR BUILT: 1997 LESSEE: Big 5 Sporting Goods (NYSE: BGFV) OPTIONS: (1) 5-Year Remaining w/6 Month Notice INCREASES: 10% In Option *Tenant Pays the Landlord Additional CAM in the Amount of $20,472 Annually, in Monthly Installments (CAM Payment has 3% Annual Increases on January 1 Throughout the Lease). CAM Includes Roof, Structure, and Common Area and is Projected to Cover These Expenses, Making this a NNN Lease. ALL PHOTOS TAKEN NOV. 2019 BIG 5 | PUEBLO, COLORADO RETAIL INVESTMENT GROUP Retail Investment Group is pleased to be the listing agent for Big 5 Sporting Goods in Pueblo, Colorado. This property was built in PROPERTY OVERVIEW 1997 and the tenant has been in place since then. The property has a *NNN lease that will expire January, 31, 2027. The build size is ±11,700 square feet and sits on ±1.74 acres of land. The property is a freestanding outparcel to the Eagle Ridge Shopping Center. Beyond the PetSmart, Barnes & Noble, Ross Dress for Less and T.J. Maxx within the shopping center, this Big 5 is also surrounded by Home Depot, Walmart, Verizon, Dunkin’ Donuts, Circle K, Cinemark movie theater, Sam’s Club, multiple hotels and more.
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