BIG 5 SPORTING GOODS | $2,386,516 | 7.75% CAP
The Deltondo Group and Marcus & Millichap are pleased to present for sale Big 5 Sporting Goods a single-tenant property located at 745 South Main Street, Cottonwood, Arizona 86326.
The subject property is comprised of 10,692 square feet and was built in 2011. The building sits on a large 36,464 Square Foot lot located just off South Main Street which oversees 27,000+ Vehicles Per Day.
Showing a strong commitment to this location Big 5 Sporting Goods has exercised its first option early leaving 6-years remaining with three, 5-year options to extend. 10% increases will occur every 5-years including the options.
Big 5 was founded in September 1955 by Maurie I. Liff, Harry A. Liff, and Robert W. Miller, father of current Chief Executive Officer (CEO) Steven G. Miller with Barry Emerson as the current Chief Financial Officer (CFO). The Company originally operated five stores in downtown Los
Angeles, Burbank, Inglewood, Glendale, and San Jose, California under the trade name “Big 5 Stores.” Big 5 Sporting Goods has outgrown its name.
The company, which started out with five army surplus shops in 1955, is now a leading sporting goods retailer, and as of June 28, 2020, has 431 operating stores in Arizona, California, Colorado, Idaho, Nevada, New Mexico, Oregon, Texas, Utah, Washington, and Wyoming. The company
sells brand-name equipment and clothing for indoor and outdoor activities including camping, hunting, fishing, tennis, golf, snowboarding, and more. Big 5 has found their niche and stuck with a neighborhood store format rather than opening large superstores.
Big 5 Sporting Goods is currently headquartered in El Segundo, CA, and became publically traded in 2002 under BGFV. In 2020, Big 5 celebrated their 65th birthday.