CELINA, TX-September 2026- Gomez Group of Cushman & Wakefield is presenting a $16.88 million Academy Sports & Outdoors commercial real estate investment opportunity at 3525 S Preston Rd. in Celina, Texas. The newly constructed property offers investors exposure to a national sporting-goods retailer through a long-term NNN lease structure in one of Celina’s rapidly expanding retail corridors.

The property is listed at $16,880,000 with a 6.00% capitalization rate and includes a 63,300-square-foot building on 5.34 acres. The property was built in 2026, with the Academy Sports & Outdoors grand opening listed for August 28, 2026. The offering includes a 16+ year NNN lease with three additional five-year renewal options, providing a defined contractual framework for the investment.

Strategic Location in Celina’s Expanding Retail Market

The Academy Sports & Outdoors property is positioned within The Village at Ownsby Farms, one of Celina’s newer large-scale retail destinations. According to Gomez Group, The Village at Ownsby Farms and The Crossing at Moore Farm together form a 77+ acre master-planned retail district anchored by major retailers including Lowe’s and EOS, with Home Depot, Costco, and Costco Gasoline also contributing to the surrounding retail environment.

The property is also located across from Jefferson Ownsby and Prose Ownsby Farms, two Class A multifamily communities totaling approximately 850 units, adding a nearby residential customer base to the trade area.

Strong Demographic Fundamentals

Celina’s growth is a central component of the property's investment story. Gomez Group's property materials state that the city ranked as the fastest-growing city in the United States according to the Census Bureau’s 2025 population data, released in May 2026.

Within a five-mile radius, the property has a reported 2025 population of 89,072, with a projected 2030 population of 105,187. That represents projected annual population growth of 3.6% from 2025 through 2030. The same five-mile area has reported average household income of approximately $202,805.

The surrounding area also includes more than 8,000 acres across eight major master-planned communities within a 10-mile radius, according to the property offering materials.

National Retail Environment

The property benefits from its location within an established and expanding retail corridor. Nearby retailers cited in the offering materials include Target, Walmart Supercenter, Hobby Lobby, DICK'S Sporting Goods, and Kohl's, creating additional retail activity and destination-shopping opportunities in the surrounding market.

For investors evaluating retail assets, proximity to established national retailers can be an important consideration because tenant clustering and regional accessibility can influence customer traffic and the broader attractiveness of a commercial corridor.

Long-Term NNN Lease Structure

The investment is structured around a 16+ year NNN lease, with three five-year renewal options. Under an NNN lease, the tenant generally assumes specified property expenses in addition to base rent, although the exact responsibilities are governed by the lease agreement.

For investors, the lease should be reviewed carefully to understand rent escalations, maintenance obligations, insurance, taxes, renewal provisions, assignment rights, and other contractual terms.

The long remaining lease term can provide greater visibility into the property's contractual income stream while the renewal options establish potential continuity beyond the initial term, subject to the specific lease conditions.

A Newly Built Retail Investment

The 2026 construction date is another notable characteristic of the offering. Newer commercial properties can potentially reduce near-term exposure to certain major capital expenditures associated with aging buildings, although investors should still complete full property and lease due diligence before acquiring the asset.

The property occupies 5.34 acres, supporting the large-format retail footprint and its position within a master-planned commercial environment.

Part of a Broader Gomez Group Investment Platform

The Academy Sports & Outdoors offering is one of several commercial properties currently presented through Gomez Group's investment platform. Gomez Group's available-property portfolio also includes PetSmart in Celina, Starbucks in Middletown, Ohio, Carl's Jr. in Oceanside, California, Washington Square in Bellwood, Illinois, Chipotle in Celina, Jennings Shops in Missouri, a multi-tenant Five Guys/Black Rock Coffee/Total Care ER property in Celina, and a Department of Veterans Affairs & Class A Medical Center property in San Antonio.

The broader platform focuses on net lease and shopping center dispositions nationwide, combining Gomez Group's proprietary investor network with Cushman & Wakefield's national reach. The company reports more than $2 billion in property sales across 43 states and a platform developed over 19 years.

Investment Considerations

Investors evaluating the Academy Sports & Outdoors opportunity should consider the complete investment picture rather than relying solely on the headline purchase price or cap rate.

Key areas for review include the lease structure, tenant obligations, rent schedule, renewal options, location fundamentals, surrounding development, property condition, financing assumptions, and future marketability.

The combination of a newly constructed asset, a long-term NNN lease, national retail tenancy, and a rapidly growing surrounding market makes the property an opportunity for investors seeking exposure to institutional-quality retail real estate in the Dallas-Fort Worth region. These characteristics should still be evaluated alongside the investor's individual objectives, risk tolerance, and due diligence findings.

About Gomez Group

Gomez Group of Cushman & Wakefield specializes in net lease and shopping center dispositions nationwide, providing market analysis, targeted marketing, investor outreach, and transaction expertise for commercial real estate owners and investors.

Media Contact

Gomez Group
Website: https://gomezgroup.com/
Phone: (858) 822-9811
Email: [email protected]

Property: Academy Sports & Outdoors
Address: 3525 S Preston Rd., Celina, TX 75009
Offering Price: $16,880,000
Cap Rate: 6.00%
Building Size: 63,300 sq. ft.
Land Size: 5.34 acres
Lease: 16+ year NNN lease with three five-year renewal options