Kroger

Tenant Description

Kroger is an American retailing company founded by Bernard Kroger in 1883 in Cincinnati, Ohio. It is the United States’ largest supermarket chain by revenue and the second-largest general retailer behind only Walmart. The company operates under nearly two dozen banners, all of which share the same belief in building strong local ties and brand loyalty with customers.

What To Look For When Buying A Kroger

Deal size

What We Like About Kroger

Great Brand, Good Real Estate

Competition

Costco

What Is Sold In A Kroger

Groceries

Kroger Website

https://www.kroger.com/

Corporate Office Location

1014 Vine Street – Cincinnati, OH 45202

Fast Facts

Kroger’s headquarters are in downtown Cincinnati and it maintains markets in 35 states and the District of Columbia. Kroger-branded grocery stores are located in the Midwestern and Southern United States.

Kroger is ranked #17 on the Fortune 500 rankings of the largest United States corporations by total revenue.

Kroger employs 400,000+ associates who serve customers in 3,000+ supermarkets across 35+ states.

Stock Price
Tenant News
Average Cap Rate Trend
6.25%
2019
6.00%
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$8,000,000
Avg. Annual Rent$525,000
Avg. Price/SF$125/SF
Typical Lease TypeTriple Net
Typical Lease Term20 Years
Typical Lease EscalationsNone
Credit Rating
S & PBBB

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