Academy Sports & Outdoors, Inc.
For the period ended Feb 1, 2025. Filed Mar 20, 2025.
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FY2025 · Filed Mar 20, 2025
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Item 2. Properties
We are headquartered at 1800 North Mason Road, Katy, Texas, 77449. The following table sets forth the location, use and size of our corporate and distribution center facilities:
| Location · Use · Approximate Square Footage | |||
|---|---|---|---|
| Katy, Texas | Corporate Office Building 1 | 400,000 | (1) |
| Katy, Texas | Corporate Office Building 2 | 200,000 | (2) |
| Katy, Texas | Bulk Warehouse | 200,000 | (3) |
| Katy, Texas | Distribution Center | 1,400,000 | (4) |
| Twiggs County, Georgia | Distribution Center | 1,600,000 | (5) |
| Cookeville, Tennessee | Distribution Center | 1,600,000 | (6) |
| Kowloon, Hong Kong | Global Sourcing Office | 5,000 | (7) |
(1) Original lease commenced in 2007. Lease expires in 2032.
(2) Original lease commenced in 2015. Lease expires in 2035.
(3) Original lease commenced in 2012. Lease expires in 2027.
(4) Original lease commenced in 2007. Lease expires in 2032.
(5) Original lease commenced in 2011. Lease expires in 2038.
(6) Original lease commenced in 2014. Lease expires in 2039.
(7) Original lease commenced in 2020. Lease expires in 2027.
With the exception of two retail stores which we own, we lease all of our retail stores, distribution centers and corporate offices. Our initial store lease terms are typically 15 to 20 years with various renewal options and lease escalation structures. We believe that all of our leases are entered into at then-prevailing market lease rates. As of February 1, 2025, our combined leased and owned store square footage was approxim ately 20.6 million square feet.
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