Investment Overview

This net-leased Range USA property was built in 2020 and has over nine years of lease term remaining. Range USA is the world’s largest operator of indoor shooting ranges, and this location is the most visited gun range within a 15-mile radius, attracting 58,100 annual visitors. The net lease features three five-year renewal options and 10 percent rental increases every five years, offering minimal landlord responsibilities. The property sits on a 4-acre parcel with 85 parking spaces near the signalized intersection of Country Club Road and U.S. Route 36, which sees 53,094 vehicles per day. The site is located 2.3 miles from Interstate 465, which sees approximately 166,798 vehicles per day. The surrounding retail corridor includes major national retailers such as Target, Menards, Fresh Thyme Market, Best Buy, Lowe’s, and Sam’s Club. The property benefits from a dense and growing trade area with 69,571 residents within three miles and had a 14.21% population growth within five miles from 2010–2020.