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Academy Sports Storefront
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3428 S Memorial Dr, Greenville, NC 27834

Single-tenant retail property with a corporate lease and triple-net structure near established commercial destinations.

Property SizeContact for details
Days on Market144

Property Features for 3428 S Memorial Dr

General Information

Standard status Active
Property subtype Retail
Listing Agency: Stonecliff
Listed By: Ryan Eklund · License #NC 286222
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 8:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Stonecliff

Investment Insights

Based on property information with market context.

This single-tenant storefront property is occupied by Academy Sports under a corporate triple-net lease that began in November 2016. More than 14 years remain on the current term, with three-year and five-year renewal options. The 5.67-acre parcel is adjacent to Hobby Lobby and accommodates a nationally operated sporting goods retailer serving hunting, fishing, camping, patio, barbecue, and recreational equipment customers.

The property is positioned on South Memorial Drive in Greenville’s primary retail corridor, connecting Downtown Greenville and East Carolina University with retail nodes and residential communities. The roadway carries more than 36,000 VPD and includes Lowe’s, Kohl’s, The Fresh Market, and Food Lion. South Memorial Drive also intersects Greenville Boulevard, which carries 30,000 VPD and serves the Greenville Convention District and Event Center. A 91,000-square-foot convention center is located less than 1 mile away.

Key Highlights

  • Single‑tenant Academy Sports property with a corporate triple‑net lease
  • More than 14 years of remaining lease term, plus three‑year and five‑year renewal options
  • 5.67‑acre parcel adjacent to Hobby Lobby

Property Analytics

Current Use

Academy Sports + Outdoors (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Big Box & Wholesale Store Law Firm HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

407
Businesses Nearby
499k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 31% Apparel 29% Shops & Services 19% Home Improvements & Furnishings 11%
Academy Sports + Outdoors Apparel
65,956 visits/mo 0.1 miles
Lowe's Home Improvements & Furnishings
53,171 visits/mo 0.5 miles
Hobby Lobby Shops & Services
48,582 visits/mo 0.1 miles
Kohl's Apparel
41,815 visits/mo 0.1 miles
Texas Roadhouse Dining
39,972 visits/mo 0.3 miles

Demographics for 27834, NC

55,051
Population
27,368
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
88%
High-School Grad
174.3 sq mi
ZIP Area
316
Density / Sq Mi
$48,081
Median Household Income
$36,755
Median Earnings
$941
Median Rent
$161,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Single-tenant retail property with a corporate lease and triple-net structure near established commercial destinations.
Where is this storefront property located?
The property is located at 3428 S Memorial Dr Greenville, NC.
What are key features of this property?
This property features: Single‑tenant Academy Sports property with a corporate triple‑net lease; More than 14 years of remaining lease term, plus three‑year and five‑year renewal options; 5.67‑acre parcel adjacent to Hobby Lobby
(980) 613-4890 Call to check price and availability
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