Academy Sports & Outdoors Signs 65,400 Square Foot Lease At Fairview Town Center With Thomas Glendenning
201 East Stacy Road
Building Size
65,400 SF
Asset Type
Retail
Closing
Apr 29, 2026
AI
The property involved in this transaction is located at 201 Stacy Road in Fairview, Texas, within the Fairview Town Center, a retail center with a total area of 921,075 square feet. The asset type is retail and encompasses a space of 65,400 square feet.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: Not specified
- Tenant: Academy Sports + Outdoors
- Broker: Thomas Glendenning - SHOP Companies
Thomas Glendenning of SHOP Companies represented the ownership in arranging the lease with Academy Sports + Outdoors, which will occupy part of the former Macy’s space. The store is set to open in the summer as part of the center's ongoing tenant repositioning efforts.
Players
Fairview Retail Market Snapshot
Boundary boundary · Retail · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93