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Gap Properties For Sale 

 



Interested in Purchasing a Gap Property for Investment?

 

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

 

 

Gap

 

 
Price: 

$2M - $5M


Lease Term
:

10 – 15 Years


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

Lease Type
:
Absolute NNN Lease 

Lease
Guarantee: 

Corporate
CAP Rate Ranges:
5.5% – 6.5%
Public
Traded as
Industry Retail
Founded
Founder
Headquarters San Francisco, California,U.S.
Number of locations
  • 3,751 (Q2 2015) [1]
  • 2,500 (US, 2015) [2]
Area served
Worldwide
Key people
Products
Revenue
  • US$ 16.148 billion (2014) [4]
  • US$ 15.651 billion (2013) [4]
  • US$ 2.149 billion (2014) [4]
  • US$ 1.942 billion (2013) [4]
  • US$ 1.28 billion (2014) [4]
  • US$ 1.135 billion (2013) [4]
Total assets
  • US$ 7.849 billion (2014) [4]
  • US$ 7.47 billion (2013) [4]
Total equity
  • US$ 3.062 billion (2014) [4]
  • US$ 2.894 billion (2013) [4]
Number of employees
137,000 (May 2014)[5]
Subsidiaries
Website www.gapinc.com/content/gapinc/html.html
 

 

      

About The Gap, Inc. :

The Gap, Inc.,[6] commonly known asGap Inc.or Gap , is an American multinational clothing and accessories retailer.

It was founded in 1969 by Donald Fisher and Doris F. Fisherand is headquartered in San Francisco, California. The company operates five primary divisions: the namesake banner,Banana Republic, Old Navy, Intermix, and Athleta. Gap Inc. is behind Inditex Group andH&M in the total numbers of international locations.[7]However, it remains the largest specialty retailer in the United States. As of September 2008, the company has approximately 135,000 employees and operates 3,076 stores worldwide, of which 2,551 are located in the U.S.[8] 

The Fisher family remains deeply involved in the company, collectively owning much of its stock.[9] Donald Fisher served as Chairman of the Board until 2004, playing a role in the ouster of then-CEO Millard Drexler in 2002, and remained on the board until his death on September 27, 2009. Fisher's wife and their son,Robert J. Fisher, also serve on Gap's board of directors. Robert succeeded his father as chairman in 2004 and also served asCEO on an interim basis following the resignation ofPaul Presslerin 2007, before being succeeded by Glenn K. Murphy up until 2014. On February 1, 2015,Art Pecktook over as CEO.[10] 

Despite the company's publicly traded status, the Fisher family remains deeply involved in Gap, Inc.'s business and collectively owns a significant quantity of the company's stock.[8]

Donald Fisher served as Chairman of the Board until 2004 and remained on the board until his death on September 27, 2009. His wife and their son, Robert J. Fisher, also serve on Gap's board of directors. Robert Fisher succeeded his father as chair in 2004 and also became president and CEO on an interim basis following the resignation of Paul Pressler in 2007.

Glenn K. Murphy is the current CEO of the company. Previous Gap, Inc. CEOs include Millard Drexler and Paul Pressler.

 On August 21, 1969, Donald and Doris Fisher opened the first Gap store on Ocean Avenue in San Francisco. The store's merchandise consisted of Levi's and LPs. The Fishers had raised $63,000 to open the store,[9] and in one year, Gap's sales had reached $2 million. In 1970, Gap opened its second store, in San Jose, California, and established its first corporate headquarters in Burlingame, California with just four employees. Gap grew rapidly. By 1973, it had more than 25 stores, including areas outside California—entering the East Coast market with a store in Voorhees, New Jersey. In 1974, Gap began to sell private-label merchandise.

 

The Gap, Inc   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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