Net Lease BJ’s Property Profile and Cap Rates

Net Lease BJ’s – Typical Property and Lease Terms

 

Price Range:	$15 mm - $ 25 mm
Cap Rate:	6.15%
Net Income:	$1,250,000
Price Per foot:	$150 PSF
Building Size:	100,000 SF
Lot Size:	8 Acres
Escalations:	10% every 5 years
Lease Term:	20 Years
Lease Type:	NNN
Credit Rating:	(S&P)

 

Tenant Company Information:

BJ’s Wholesale Club Holdings, Inc., together with its subsidiaries, operates warehouse clubs on the East Coast of the United States. It offers perishable, edible grocery, general merchandise, and non-edible grocery products, as well as gasoline and other ancillary services. The company also sells its products through its website and mobile app. As of May 2, 2020, it operated 218 warehouse clubs and 145 gas stations in 17 states. The company was formerly known as Beacon Holding Inc. and changed its name to BJ’s Wholesale Club Holdings, Inc. in February 2018. BJ’s Wholesale Club Holdings, Inc. was founded in 1984 and is headquartered in Westborough, Massachusetts.

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