Academy Sports & Outdoors 4406 W Owen K Garriott Rd Local commercial 5 848 m² 100 % Loué À vendre Enid, OK 73703 7 020 657 € (1 200,61 €/m²) Taux de capitalisation 7,75 %

This single-tenant retail asset at 4406 W Owen K Garriott Rd in Enid, Oklahoma presents a rare opportunity to acquire a corporately guaranteed lease with Academy Sports & Outdoors, one of the nation’s leading sporting goods retailers. The property spans 62,943 SF on a generous 5.96-acre parcel and is strategically positioned along Enid’s primary east-west corridor, boasting over 20,000 vehicles per day and excellent ingress/egress.
The lease commenced in March 2017 and runs through February 2032, with three five-year renewal options and built-in rent escalations. The current NOI is $629,430, with a cap rate of 7.75%, offering stable cash flow and long-term upside. The building was renovated in 2016 and features high-quality construction with a large surface parking lot.
Surrounded by national retailers including Walmart, Lowe’s, ALDI, Chick-fil-A, and PetSmart, the property benefits from strong co-tenancy and regional draw. It is also less than two miles from Vance Air Force Base, which employs over 2,600 personnel, contributing to consistent traffic and economic vitality in the area. The surrounding residential market includes over 53,000 residents within a seven-mile radius, with an average household income of $81,908.
This asset is the only Academy Sports & Outdoors within a 50-mile radius, reinforcing its regional significance and competitive positioning. With a corporate-backed lease and location in a densely developed retail corridor, this offering is ideal for investors seeking a stable, income-producing asset with long-term growth potential.