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. (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

  • The Coffee Bean & Tea Leaf introduces drive-thru-only model. The company opened its first such unit in Rialto, Calif., featuring a smaller footprint concept with app integration for order-ahead. The drive-thru model aims to enhance guest experience by providing streamlined, convenient access to their high-quality coffee, teas, and baked goods. (Read More)

  • 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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