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Trader Joe's to Open Multiple New Stores Across the U.S.
Trader Joe’s is rapidly expanding its presence with new store openings nationwide.
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Trader Joe's to Open Multiple New Stores Across the U.S.
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TWO-BUCK CHUCK
Trader Joe's to Open Multiple New Stores Across the U.S. (Read More)
Trader Joe’s
Trader Joe’s has announced the upcoming addition of several new stores across the U.S., expanding its presence nationwide. Trader Joe’s operates more than 500 stores across 42 states and Washington, D.C.
Here is the list of Trader Joe’s upcoming locations:
Reno, Nev.;
Chandler, Ariz.;
Milwaukie, Ore.;
Salt Lake City, Utah;
Coeur d’Alene, Idaho;
Clearwater, Fla.;
Raleigh, N.C.;
Leesburg, Va.;
Middletown, N.J.;
Mt. Pleasant (Isle of Palms) S.C.;
Sugar Land, Texas; West Springfield, Va.;
South Pasadena, Calif.;
Santa Clarita, Calif.;
Sherman Oaks, Calif.;
Santee, Calif.; and
Poway, Calif.
📝 NET LEASE BEAST SHEET
Price Range: | $3.5M - $7M |
Cap Rate: | 5.25% - 5.75% |
Net Income: | $200,000-420,000 |
Price Per foot: | $300 PSF - $600 PSF |
Building Size: | 12,500 SF |
Lot Size: | 1 Acre |
Escalations: | 10% Every 5-Years |
Lease Term: | 15 Years |
Lease Type: | Double Net |
Credit Rating: | Not Rated |
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NET LEASE NUGGIES
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InCommercial Launches New Convenience Store Brand When Mountain Express Oil Company liquidated its assets during Chapter 7 bankruptcy, InCommercial Property Group inherited shuttered convenience stores. To fill this void, InCommercial strategized with industry experts, leading to the birth of InConvenience Inc. The company debuted Goods Spot and Gas Spot stores in Iowa, with plans to expand nationwide under the distinctive “G-Spot” brand. (Read More)
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VISUAL OF THE DAY
Visual Capitalist
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