2152 Dell Range Blvd

SOLD! – 6/28/2013 – NNN Leased CORPORATE BIG 5 SPORTING GOODS STORE —

Marcus & Millichap is pleased to offer the fee-simple interest in the Big 5 Sporting Goods located in Cheyenne,
Wyoming.
The property is located in the dominant retail trade area of Cheyenne on Dell Range Boulevard, a few blocks east from
the 481,801 square foot Frontier Mall regional mall, anchored by Sports Authority, Sears, JC Penney and Dillard’s. The
Wal-Mart Supercenter entrance is next to the site and it is close to other major retailers, such as; Sam’s Club, Lowe’s,
Target, K-mart, TJ Maxx, Ross and Petco. Cheyenne is the capital and largest city of Wyoming, with steady employment
provided by local and state Government, the US Air Force, and Burlington Northern Santa Fe and Union Pacific
Railroads.
The building is a single story, concrete tilt-up, with a flat roof and includes a large monument sign, which improves
visibility. It was renovated in 2010 when Big 5 moved in. Big 5 has seven years remaining on a NNN lease with 10
percent rent increases every five years in both the initial term and the four five-year option periods. Big 5 signed this lease
in January, 2010 at the bottom of the last retail cycle which shows the strong commitment and faith in this specific
location and provides the Buyer with what is now a below market rental rate.
Big 5 is one of the largest sporting goods retailers in the Western United States, with 414 stores in 12 states. Over the
past five years, the company has expanded at a pace of 15 new stores per year, and sales have increased steadily since
2008. The offering presents investors with the opportunity to acquire a net leased asset with minimal landlord
obligations, which is corporately guaranteed by a publicly traded company. Stock market investor love Big 5 as a very
stable brand whose earnings are continually growing. Driven by strong top-line performance along with effective cost
management, Big 5 Sporting Good's earnings for fourth-quarter 2012 jumped nearly four-fold to 19 cents per share
against 5 cents reported in the comparable year-ago quarter. The company's sales grew 7.4 percent year over year to
$243.6 million.
The Big 5 in Cheyenne, WY offers investors a chance to acquire a corporately guaranteed, net leased asset in a desirable
retail location.