National

Commercial real estate news and analysis for the National market.

Academy Sports Net Lease in Mississippi Changes Hands for $9.4M

Academy Sports Net Lease in Mississippi Changes Hands for $9.4M

A publicly traded REIT has acquired a 64,626-square-foot Academy Sports + Outdoors in Madison, Mississippi for $9.4 million, highlighting sustained investor demand for corporate-guaranteed net lease retail. The SRS Real Estate Partners-brokered transaction equates to roughly $145 per square foot for the eight-year remaining lease term.

Staff Report
Hanley Investment Group Closes $5.2M in Quick Quack Car Wash Ground Lease Deals in Inland Empire

Hanley Investment Group Closes $5.2M in Quick Quack Car Wash Ground Lease Deals in Inland Empire

Two newly built Quick Quack Car Wash locations in San Bernardino County have traded hands for a combined $5.2 million, highlighting sustained investor appetite for absolute triple-net automotive real estate. The separate transactions in Hesperia and San Bernardino were structured as 20-year ground leases, underscoring the premium placed on long-term passive income assets.

Staff Report