510 E Markey Pky
Belton, MO 64012

The CBRE Net Lease Property Group is pleased to exclusively offer a 58,472-square-foot Academy Sports & Outdoors situated on 6.49 acres in Belton, Missouri. With its central location, thriving economy, and AAA accredited school system, Belton is an ideal place to live, visit and work which has fueled its record growth over the past several years. Built in 2014, Academy' s 15-year net lease commenced in December 2014, has ±12.4 years of primary term remaining, and features attractive rent increases of $0.25 PSF and $0.50 PSF in Years 6 and 11, respectively. Academy Sports is situated with excellent access and visibility along Markey Parkway and is just feet away from the on-ramp to Interstate 49 (Traffic Count: 60,425 VPD), connecting Belton to Kansas City' s CBD (17 miles north). The property is an anchor to the Belton Gateway, a retail complex that is occupied by Hobby Lobby, Belton Family Dental Care, Fazoli' s, Kneaders Bakery and Café and Cricket Wireless, and is currently undergoing its second phase of development. The second phase, which is estimated to cost $63M and be completed in early 2018, will result in the addition of Ross Dress for Less, Marshalls, Party City, Petco and Five Below. Further demonstrating the dramatic growth of the corridor, a hotel is planned behind Academy in the near future and Menard' s just built a new store one block down Markey Parkway in 2016. Academy Sports benefits from its location within Cass County' s preeminent retail and commercial corridor with 3.1 MSF of retail, 637,994 SF of office, 3.9 MSF of industrial and 2,925 multifamily units within a 3-mile radius.