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  Big Lots Properties For Sale

    



Interested in Purchasing a Big Lots Property for Investment?

 

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

States.  

 

   

 

 

Big Lots

 

 
Price: 

$5M - $10M


Lease Term
:


15 – 20 Years


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

Lease Type
:
Absolute NNN Lease 

Lease
Guarantee: 

Corporate and Franchise
CAP Rate Ranges:
6.5% – 7.50%
Name 
Big Lots
Public
Traded as NYSEBIG
Founded 1967; 48 years ago
Founder
Headquarters Columbus, Ohio
Number of locations 
1,493 (2012)
Area served 
Key people 
David J. Campisi, President,ChairmanandCEO
Lisa Bachmann,Executive Vice PresidentandCOO
Products Food and Beverage, toys, furniture, clothing, housewares, small electronics
Brands Varies
Revenue US$5.177 billion (FY 2015)  [1]
US$224.5 million (FY 2015)  [1]
US$114.3 million (FY 2015)  [1]
Total assets US$1.636 billion (FY 2015)
Number of employees 
12,300 (2015)
Subsidiaries LW Stores(defunct)
Website www.biglots.com
 

   

  

About Big Lots:

 

 

Big Lots, Inc. is an American retail company headquartered in Columbus, Ohio, incorporated in the State of Ohio. Big Lots has over 1,400 stores in 48 states.[2]

Its department stores sell a wide variety of merchandise, including packaged food and beverages, toys, furniture, clothing, housewares, and small electronics, much of which is closed out or overstocked merchandise. Many of the items in these stores sell out quickly: in the store one day, but gone the next, with no replenishments coming. Many other items, such as foodstuffs, are stocked continually.

In many cases, Big Lots uses buildings formerly occupied by other stores. When Rite Aid Inc moved many Payless Drugstores into newly designed, stand-alone buildings, Big Lots (Pic 'N' Save) opened many new stores of its own in those newly vacant, open-air plaza storefronts.

 

The Big Lots chain traces its history back to 1967 when Consolidated Stores Corporation was formed in Ohio by Sol Shenk. In 1982, Consolidated Stores Corp. opened its first closeout store, called Odd Lots, in Columbus, Ohio. In 1983, drug store chain Revco bought New Jersey closeout retailer Odd Lot Trading Co. As Consolidated's Odd Lots stores expanded from Columbus, Revco took issue with the fact that another closeout retailer was operating a chain with national aspirations that had a similar name as the Revco-owned subsidiary. Consolidated Stores Corp. agreed to limit their use of the Odd Lots name to stores located within a certain radius of Columbus. Beyond the radius, Consolidated began opening stores under the Big Lots name. Eventually, all Odd Lots stores were rebranded as Big Lots. In 1985, Consolidated Stores Corp. began trading as a separate public company on the American Stock Exchange. In 1986, Consolidated Stores Corp. switched to the New York Stock Exchange, trading under the symbol CNS.[4]

 

Big Lots 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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