H-E-B

Tenant Description

H-E-B is an American privately held supermarket chain based in San Antonio, Texas, with more than 350 stores throughout the U.S. State of Texas. It was named Retailer of the Year in 2010 by Progressive Grocer, and Supermarket News ranked H-E-B No. 13 in the 2008 “Top 75 North American Food Retailers”. As Of January 2019 the total revenue of the company is in excess of $25 billion.

What To Look For When Buying An H-E-B

Store size, Can You Re-Tenant This Footprint?

What We Like About H-E-B

Great Real Estate, Found In Texas (Income Tax Free State)

Competition

Whole Foods

What Is Sold In An H-E-B

Groceries

H-E-B Website

https://www.heb.com/

Corporate Office Location

646 S Flores St – San Antonio, TX 78204

Fast Facts

H-E-B ranked No. 15 on Forbes’ 2014 list of “America’s Largest Private Companies”.

In 2011, the company was #12 on Forbes’s list of largest privately held companies

The company has been investing millions of dollars, in replacing many cashier stations with self-checkout kiosks or apps by 2023. As many other supermarkets (such as Walmart, Target, etc) are also shifting towards more self-checkout lane and app usage, and displacing cashiers in the near future.

H – E – B – Tenant News
H - E - B - Tenant News
Average Cap Rate Trend
5.75%
2019
5.50%
2020
12 mo avg with 10+ yr lease term (*Please Note Data Points Are Not Exact Figures*)
Average Sale Data & Lease Structure
Average Sale Price$15,000,000
Avg Annual Rental Income$650,000
Avg. Price/ SF$500/SF
Typical Lease TypeTriple Net
Typical Lease Term15 Years
Typical Lease Escalations10% Every 5 Years
Credit Rating
S & PN/A

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