Aaron’s

Tenant Description

Since being founded in 1955, Aaron’s has become the leading provider of Lease-Purchase Solutions for a variety of products including electronics, furniture, hardware, appliances and outdoor equipment. In 2014, Aaron’s acquired Progressive Finance to further increase their market share in the RentTo-Own industry and the virtual Rent-To-Own industry.

The company’s revenues of $3.2 billion in 2016 is it’s record to date as the company continues its consistent growth year to year.

What To Look For When Buying An Aaron’s

How Strong Is The Retail

What We Like About Aaron’s

Higher Cap Rate Deals

Competition

Zibby, RAC

What Is Sold In An Aaron’s

Furniture, Electronics, Computer, Appliances

Aaron’s Website

https://www.aarons.com/

Corporate Office Location

400 Galleria Pkwy, SE, Suite 300 –  Atlanta, Georgia 30339

Fast Facts

As of 2019, Aaron’s has more than 1,850 company-operated and franchised stores in 47 states and Canada as well as its e-commerce platform Aarons.com.

Stock Price
Tenant News
Average Cap Rate Trend
6.75%
2019
6.50%
2020
12 mo avg with 10+ yr lease term (*Please Note Data Points Are Not Exact Figures*)
Average Sale Data & Lease Structure
Avg. Sale Price$1,400,000
Avg. Annual Rent$100,000
Avg. Price/SF$200/SF
Typical Lease TypeDouble Net
Typical Lease Term10 Years
Typical Lease EscalationsNone
Credit Rating
S & PN/A

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *