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  Best Buy Properties For Sale

 



Interested in Purchasing a Best Buy Property for Investment?

 

If you wish to purchase a Best Buy property for investment, please email  info@nnndeals.com; We have access to an extensive inventory of triple net Best Buy Properties for sale in Washington DC, Maryland, Virginia and the entire United States. 

  

 

Best Buy

 

 
Price: 

$5M - $10M


Lease Term
:


15 – 20 Years


Increases:
 
10% Every 5 years 
Lease Extensions: 20 – 40 Years  

Lease Type
:
Absolute NNN  

Lease
Guarantee: 

Corporate
CAP Rate Ranges:
6.5% – 7.50%
Name 
Best Buy
Formerly called 
Sound of Music (1966)
Best Buy Co. Superstores (1983)
Public
Traded as
Industry Retail
Founded 1966inWest Saint Paul, Minnesota
Founder Richard M. Schulze
Headquarters Richfield, Minnesota,United States
Number of locations 
1,050 (2015)
Areas served 
Worldwide
Key people 
Hubert Joly(Chairman and CEO)
Sharon McCollam(CFO)
Products Consumer electronics
Revenue $40.339 billion (2015)
$1.450 billion (2015)
Total assets $15.256 billion (2015)
Total equity $15.256 billion (2015)
Number of employees 
125,000 (2015)
Divisions Best Buy Canada
Best Buy Europe
Subsidiaries Geek Squad
Magnolia
Pacific Sales
Slogan Expert Service. Unbeatable Price.
Website www.bestbuy.com
 

    

About Best Buy:

Best Buy Co., Inc. (NYSE: BBY) is a specialty retailer of consumer electronics in the United States, accounting for 19% of the market. It also operates in Mexico, Canada, China, Turkey and the United Kingdom.[2] The company's subsidiaries include Geek Squad, Magnolia Audio Video, Pacific Sales, and, in Canada operates under both the Best Buy and Future Shop label. Together these operate more than 1,150 stores in the United States, Puerto Rico, Canada, China,[3] Mexico, and Turkey. In addition, the company has rolled out over 100 Best Buy Express Automated Retail stores or "ZoomShops", operated by Zoom Systems, in airports and malls around the U.S.[4] The company's corporate headquarters are located in Richfield, Minnesota.

Best Buy was named "Company of the Year" by Forbes magazine in 2004,[5] "Specialty Retailer of the Decade" by Discount Store News in 2001,[6] ranked in the Top 10 of "America's Most Generous Corporations" by Forbes magazine in 2005 (based on 2004 giving),[7] and madeFortune magazine's List of Most Admired Companies in 2006.[8]

On March 9, 2009, Best Buy became the primary electronics retail store (online and bricks and mortar) in theeastern United States, after smaller rivalCircuit City went out of business.Fry's Electronics remains a major competitor in the western United States. Many locations feature in-store pickup, which can be arranged through the company's website.[9]

 

Best Buy Properties For Sale Across the United States:

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky,  Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey,  New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma,  Oregon, Pennsylvania, Puerto Rico, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Virgin Islands,  Washington, West Virginia,  Wisconsin,  Wyoming 



 

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