STNL Sportsman's Warehouse

Highlights:

• Fresh 10-Year Term With Fixed Rental Increases
• Sportsman’s Warehouse is publicly traded (NASDAQ: SPWH)
• Frontage along I-25 and N. Telshor Blvd. with combined traffic counts of ±63,137 VPD
• Excellent visibility and pylon signage from US-70 Freeway (±40,474 VPD)
• Nearby national co-tenants include Sam’s Club, Lowe’s, Kohl’s, Telshor Allen Theatres, and Starbucks

Description:

Colliers is pleased to exclusively represent a single-tenant, net-leased Sportsman’s Warehouse located in Las Cruces, NM. This ±26,763 SF freestanding building is strategically located off of the I-25 and N. Telshor Boulevard with combined traffic counts of ±63,137 VPD. Sportsman’s Warehouse (NASDAQ: SPWH) is an outdoor specialty retailer that carries outdoor sporting gear, gunsmithing, and supplies for camping, hiking and birdwatching.

The property benefits from a recently renewed NNN lease for a fresh 10-year term, and two (2) 5-Year options with fixed rent increases. With excellent access, signage, and visibility, the trade area is surrounded by well-recognized national co-tenants such as Sam’s Club, Lowe’s, Kohl’s, Telshor Allen Theatres, Starbucks, and several Hilton and Marriott hotels.

The subject property services ±160,329 residents with an average annual household income of ±$83,074 within a 10-mile radius and is located in one of the most vital shopping and business districts in the region. The asset is just 4-miles away from New Mexico State University (±15,400 students) and the Pan American Center with ±13,140 stadium capacity.

The El Paso-Las Cruces MSA is a vibrant part of the local economic region and boasts a combined population of over ±2.7 million residents and more than $45 billion in annual GDP.

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