Peoria Sports Store Building Listed for 10.2M

The building housing Peoria Academy Sports and Outdoors has been listed for sale at 10.2 million dollars. The property operates on a long-term lease extending through 2053 with renewal options.

Insights:

A commercial building in United States housing an Academy Sports + Outdoors storefront has been listed for sale at $10.2 million. The 60,800-square-foot Peoria retail property comes with an active 15-year lease that secures the tenant through 2038. The asking price represents a 351% jump from its December 2021 sale price of $2.26 million when the structure sat vacant.

Valuation and Lease Details