Contact Us

TEL:             (202)-361-3050
           EMAIL:         info@nnndeals.com

     
   
 
 


 
 

 

 

Costco Properties For Sale 

    



Interested in Purchasing a Costco Property for Investment?

 

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

 

 

Costco

 

 
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
CAP Rate Ranges:
4.5% – 5.50%
Name Costco 
T ype 
Public company
Traded as

NASDAQCOST

NASDAQ-100 Component 
Industry
Predecessor Price Club
Founded
Founders
Headquarters Issaquah, Washington,United States
Number of locations 
672 warehouses[1] (2014)
Area served 
Worldwide
Key people 
Jeffrey Brotman
(Chairman)
W. Craig Jelinek
(President and CEO)
Brands Kirkland Signature
Services
Revenue
  • S$ 112.64 billion (2014) [2] 
  • US$ 105.156 billion (2013) [3] 
  • US$ 3.22 billion (2014) [2] 
  • US$ 3.053 billion (2013) [3] 
  • US$ 2.058 billion (2014) [3] 
  • US$ 2.039 billion (2013) [3] 
Total assets
  • US$ 33.024 billion (2014) [2] 
  • US$ 30.283 billion (2013) [3] 
Total equity
  • US$ 12.303 billion (2014) [2] 
  • US$ 10.833 billion (2013) [2] 
Number of employees 
189,000 [4] (2014)
Website costco.com
 

    

 

About Costco Wholesale Corp:

Costco Wholesale Corporationis an American membership-only warehouse club that provides a wide selection of merchandise. As of 2014, it was the third largest retailer in the United States, [5] in 2015 it is the second largest in the world (after Walmart)[6]and the largest membership warehouse club chain in the United States.[7]

Costco's worldwide headquarters are in Issaquah, Washington, USA, and the company opened its first warehouse in 1983 in Seattle. Through mergers, Costco's overall corporate history dates back to 1976, when its former competitor Price Club was founded inSan Diego, California.[8][9][10]

 

Founded by James (Jim) Sinegal and Jeffrey Brotman,[7] Costco opened its first warehouse in Seattle, Washington, on September 15, 1983.[8] Sinegal had started in wholesale distribution by working for Sol Price at both FedMart and Price Club. Brotman, an attorney from an old Seattle retailing family, had also been involved in retail distribution from an early age. Sol Price died on December 14, 2009 at 93.[9]

In 1993, Costco merged with Price Club (called Club Price in the Canadian province of Quebec). Costco's business model and size were similar to those of Price Club, which was founded by Sol and Robert Price in 1976 in San Diego, California.[5] Thus, the combined company, PriceCostco, was effectively double the size of each of its parents. Just after the merger, Price Costco had 206 locations generating $16 billion in annual sales.[10] PriceCostco was initially led by executives from both companies, but then Sol and his son Robert Price founded Price Enterprises and left in December 1994.[5]

Prior to the 1993 Price merger,Wal-Mart founderSam Walton wanted to merge Sam's Club with Price Club.[11] The first Price Club location was opened in 1976 in an old airplane hangar,[5][10] previously owned byHoward Hughes, and is still in operation today (Warehouse #401 located in San Diego). In 1997, the company changed its name to Costco Wholesale and all Price Club locations were rebranded Costco.[5][10]

In the United States, the main competitors operating membership warehouses are Sam's Club andBJ's Wholesale Club.[12] Although Sam's Club has more warehouses[13] than Costco, Costco has higher total sales volume.[14] Costco employs about 142,000 full and part-time employees,[6] including seasonal workers. As of September 2009[update] Costco had 55 million members.[15]

Costco was the first company to grow from zero to $3 billion in sales in less than six years.[10] For the fiscal year ending on August 31, 2009, the company's sales totaled $71.42 billion,[6] with $1.09 billion net profit.[16] Costco is 25th on the 2010Fortune 500.[16] The ACSI (The American Customer Satisfaction Index) named Costco number one in the specialty retail store industry with a score of 83 in Q4 2008.[17]

As of September 2010[update],[18] Costco'sboard of directors is chaired by co-founder Jeffrey H. Brotman and includes three officers of the company: CEO/co-founder James D. Sinegal, President/COO W. Craig Jelinek, and CFO Richard A. Galanti. There are also elevenindependent directors:Hamilton E. James (the "Lead Independent Director"),Benjamin S. Carson, Sr.,Susan Decker, Richard D. DiCerchio,Daniel J. Evans,William H. Gates, Sr., Richard M. Libenson, John W. Meisenbach,Charles T. Munger,Jeff Raikes, andJill Ruckelshaus.

In the United States, Costco is closed on seven holidays: New Year's Day,Easter,Memorial Day, Independence Day, Labor Day, Thanksgiving, and Christmas.

Costco Wholesale Corp 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 

 

 NNN Properties  For 1031 Exchange 

I am:          

First Name:            

Last Name:                  

Email:                 


Tenant Reviews

Credit Ratings
Applebees
Aldi
7- Eleven
Ashley Furniture
Aaron's
Abercrombie
Advance Auto Parts
Arby's
Aspen Dental
AT
Autozone
Avis
Babies "R" Us
Bank of America
Bally Total Fitness
Banco Popular
Bank United
Barnes & Noble
BB
Bebe
Bed Bath & Beyond
Best Buy
Big 5
Big Lots
Bi-Lo
BJ's
Blockbuster
Bob Evans
Bojangles
BP
Bridgestone
Buffalo Wild Wings
Burger King
Burlington Coat Factory
California Pizza Kitchen
Capital One Bank
Carrols Restaurant Group
Carrabba's Italian Grill
Chase Bank
Cheesecake Factory
Chevron
Checkers
Chili's
Chipotle
Circle K
Citibank
Citizens Bank
CKE Restaurants
Compass Bank
Costco
Cracker Barrel
CVS
Dairy Queen
Darden Restaurants
DaVita
Denny's
Dollar General
Dollar Tree
Dunkin Donuts
Domino's Pizza
Einstein Bros. Bagels
Exxon Mobil
Family Dollar
Flowers Foods
FedEx
Foot Locker
Fred's
Food Lion
Fresenius
Fresh & Easy
Gamestop
Goodyear
Guess
Hobby Lobby
Gap
H&R Block
Hhgregg
Ihop
Home Depot
J.Crew
Jiffy Lube
Jack in the Box
JC Penney
Jos A. Bank
KFC
Kenneth Cole
Key Bank
Kindercare
Kmart
Kohl's
Kroger
Logan's Roadhouse
Macy's
Lowe's
Mattress Firm
McDonald
Men's Wearhouse
Napa Auto Parts
Nordstrom
Office Max
Office Depot
O'Reilly
Olive Garden
Panera
Publix
Papa John's
Pep Boys
PetSmart
Pier 1 Imports
Pizza Hut
Petco
PNC Bank
Polo Ralph Lauren
Popeyes
Radio Shack
RBC Bank
Red Robin
Red Lobster
Regal
Rite Aid
Ross Stores
Safeway
Ruby Tuesdays
Sears
Shell Oil
Sherwin-Williams
Sheetz
Sonic
Sprint
Staples
Starbucks
SunTrust Bank
Taco Bell
TD Bank
Target
Tsco
Texas Roadhouse
Tiffany
TJ. Maxx
T-Mobile
Valero
Verizon
Wachovia
Wawa
Walgreen
Wal-Mart
Wells Fargo
Winn-Dixie
Wendy's
Yum! Brands
Whole Foods