Field & Stream

PROPERTY OVERVIEW

• TROPHY RETAIL ASSET.
• NEW 2015 CONSTRUCTION.
• THE BIRMINGHAM MSA:  A HEALTHY, HIGH-GROWTH SUNBELT MARKET AND ONE OF THE NATION'S TOP 50 MSA'S.
• PROMINENT LOCATION IN ONE OF BIRMINGHAM'S VERY BEST TRADE AREAS.  Located in the desirable Hoover submarket of Birmingham, Field & Stream sits across the street from Birmingham's only Costco Store, an outparcel to Alabama's best enclosed mall, GGP-owned, 99% occupied 1.47MM square foot Riverchase Galleria, on a campus that includes a 375,000 square foot Class A Office high-rise and the recently renovated 329 room Hyatt Regency Hotel.
• OUTSTANDING LEASE FUNDAMENTALS - Guaranteed by publicly-traded Dick's Sporting Goods (NYSE: DKS) with a $5.46 Billion market cap.  Minimal landlord obligations, 15-year term, and meaningful rental increases in the base term and renewal option periods.
• INTERSTATE VISIBILITY - The property enjoys visibility and signage on I-459.
• STRONG DEMOGRAPHIC PROFILE - 119,106 people reside within a 5-mile radius of Field & Stream, plus 61,790 daytime employees.  Average household income is $98,362, with 53% of the population holding a college or graduate degree.  Field & Stream enjoys an outstanding customer base, and given its status as a regional destination tenant, it draws from the entire 1.1MM population of the Birmingham MSA and beyond.