Lowe’s

Tenant Description

Lowe’s was founded in Mooresville, NC in 1946 and is a FORTUNE® 100 home improvement company. Lowe’s serves 16+ million customers a week in the United States, Canada and Mexico through its stores and online. It is the second-largest hardware chain in the United States behind The Home Depot.

What To Look For When Buying A Lowe’s

Can You Re-Tenant If Lowe’s Vacates

What We Like About Lowe’s

Brand Recognition

Competition

Home Depot, Ace Hardware

What Is Sold In A Lowe’s

Home improvement & Hardware Items

Lowe’s Website

https://www.lowes.com/

Corporate Office Location

1000 Lowes Blvd – Mooresville, NC 28117

Fast Facts

As of January 2019, Lowe’s and its related businesses operate 2,000+ home improvement and hardware stores and employ 300,000+ people in North America.

Stock Price
Tenant News
Average Cap Rate Trend
6.00%
2019
5.75%
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$14,000,000
Avg. Annual Rental Income$875,000
Avg. Price/SF$100/SF
Typical Lease TypeGround Lease
Typical Lease Term20 Years
Typical Lease Escalations10% Every 5 Years
Credit Rating
S & P BBB+

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