Guitar Center

Guitar Center - Tenant News
Average Cap Rate Trend
6.50%
2020
6.25%
2021
12 mo avg with 10+ yr lease term (*Please Note Data Points Are Approximated & Based On Opinion*)
Average Sale Data & Lease Structure
Avg. Sale Price$2,250,000
Avg. Annual Rental Income$140,000
Avg. Price/SF$225/SF
Typical Lease TypeDouble Net
Typical Lease Term10 Years
Typical Lease EscalationsNone
Credit Rating
S & PN/A
Moody'sN/A

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Tenant Description

Guitar Center is the world’s largest retailer of guitars, amplifiers, drums, keyboards, recording, live sound, DJ, and lighting equipment with over 250 stores across the U.S.  It offers a fun in-store experience where you can play all the instruments and communicate with knowledgable staff members. Guitar Center is all about enabling musicians and non- musicians to experience the joy that comes from making music

What To Look For When Buying A Guitar Center

Is this an e-commerce hesitant business? Can you Re-Tenant This Big Footprint if they leave?

What We Like About Guitar Center

Corporate Guarantee. E-Commerce Resistant (Rentals, Music Lessons)

What Is Sold In A Guitar Center

Musical Instruments & Lessons, Recording Equipment

Guitar Center Website

https://www.guitarcenter.com/

Corporate Office Location

5795 Lindero Canyon Rd –  Westlake Village, CA 91362

Fast Facts

The Music & Arts division operates more than 120 stores specializing in band & orchestral instruments for sale and rental, serving teachers, band directors, college professors, and students since 1952.

Guitar Center oversees various subsidiaries including Music & Arts, GuitarCenter.com, LMI, Musician.com, Private Reserve Guitars, Woodwind and Brass wind, and Music 123, and used to own Harmony Central until its April 2015 sale to Gibson.

Guitar Center – Tenant News

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