Albertsons

Tenant Description

Albertsons Companies is an American grocery company founded and headquartered in Boise, Idaho. It is privately owned and operated by investors, including Cerberus Capital Management. In 2015, Albertsons Companies, LLC was the second largest traditional grocer in the United States serving 35+ million customers per week and generating over $60 billion in sales annually.

What To Look For When Buying An Albertson’s

Intrinsic Real Estate Value, Can You Re-Tenant Big Box If They Vacate?

What We Like About Albertsons

Good real estate and higher cap rates amongst grocery stores.

Competition

Kroger, HEB, Publix

What Is Sold In An Albertsons

Groceries

Albertsons Website

https://www.albertsonsmarket.com/

Corporate Office Location

250 E Parkcenter Blvd – Boise, ID 83706

Fast Facts

With 2,200+ stores and 265,000+ employees, Albertsons is the second-largest supermarket chain in North America after Kroger,

Albertsons ranked 53rd in the 2018 Fortune 500 list of the largest United States corporations by total revenue.

Albertsons operates stores under many different names. Some of the better known ones are Randallas, Safeway, Tom Thumb, Lucky, Jewel-Osco

Albertson’s – Tenant News
Albertson's - 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$11,000,000
Avg. Annual Rent$600,000
Avg. Price/ SF$200/SF
Typical Lease TypeTriple Net
Typical Lease Term20 Years
Typical Lease Escalations7.5% Every 5 Years
Credit Rating
S & PN/A

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