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Kenneth Cole Properties For Sale

    



Interested in Purchasing a Kenneth Cole Property for Investment?

 

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

  

 

Kenneth Cole Productions Inc.   

 

 
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 and Franchise
CAP Rate Ranges:
6% – 7%


Formerly Public, now private
Traded as NYSEKCP
Founded  1982
Headquarters New York City,United States
Number of locations
96 (May 2015)[1]
Website www.kennethcole.com
 

 

About Kenneth Cole  :

 

Kenneth Cole Productions, Inc.(  NYSE KCP ) is an Americanfashion housefounded in 1982 byKenneth Cole  . Its aim is to sell premium clothing like shoes, watches and handbags. 

 

Cole originally named the companyKenneth Cole Incorporatedin September 1982 and planned to showcase his new line of shoes during market week at theHilton New YorkHotel. Finding that he could not afford to purchase a hotel room or showroom to exhibit his line, he borrowed a truck and asked the mayor’s office for permission to park two blocks away from the Hilton Hotel in front of a fancy shoe building. Upon learning that permits were only granted to utility companies and production companies shooting full-length motion pictures, Cole changed the name of the company to Kenneth Cole Productions, Inc. and applied for a permit to shoot a full-length motion picture entitled “The Birth of a Shoe Company”. 

With Kenneth Cole Productions painted on the side of the truck, they opened for business on December 2, 1982, in front of 1370 Avenue of the Americas. They had a fully furnished forty-foot trailer,klieg lights, a director, a rolling camera, models as actresses, and twoNYPDpolicemen as doormen. A velvet rope allowed a limited number of people into the trailers and in two and a half days they sold forty thousand pairs of shoes. The company remains Kenneth Cole Productions, Inc. to this day to honor this unusual beginning.[2] 

In 1985, Kenneth Cole opened his first store onColumbus Avenuein Manhattan, followed shortly thereafter by another store onUnion StreetinSan Francisco. Kenneth Cole retail and Company Stores can now be found worldwide in countries such asMexico,Canada,Venezuela,Colombia,Israel,United Arab Emirates,United Kingdom,Philippines,Japan,South Korea,Taiwan,Thailand,Singapore,AustraliaandSouth Africa

In 2013, Elana Drell Szyfer was named executive vice president of global brand strategy for Kenneth Cole Productions and, before this, she wasCEOofAhava Corp.  [3] 

Kenneth Cole 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 

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