Net Lease Cost Plus World Market Property Profile Date September 22, 2020
Net Lease Cost Plus World Market – Typical Property and Lease Terms
| Price Range: | $5M - $9M |
| Cap Rate: | 5.50% - 6.00% |
| Net Income: | $275,000 - $500,000 |
| Price Per foot: | $270 PSF - $350 PSF |
| Building Size: | 20,000 SF - 25,000 SF |
| Lot Size: | 1.5 Acres |
| Escalations: | Varies |
| Lease Term: | 20 Years |
| Lease Type: | NNN |
| Credit Rating: | BBB+ (S&P) |
Tenant Company Information:
Cost Plus World Market is a chain of specialty/import retail stores, selling home furniture, decor, curtains, rugs, gifts, apparel, coffee, wine, craft beer, as well as several international food products. The brand’s name originated from the initial concept, since abandoned, of selling items for “cost plus 10%”. Its current headquarters are located in Alameda, California.[3] The company has been a subsidiary of Bed Bath & Beyond since being acquired in 2012.
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