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Kroger Properties For Sale 

    



Interested in Purchasing a Kroger Property for Investment?

 

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

 

 

Kroger

 

 

 

Price: 

$3M - $7M


Lease Term
:

10 – 20 Years


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

Lease Type
:
Absolute NNN Lease 

Lease
Guarantee: 

Corporate
CAP Rate Ranges:
5% – 5.5%
Public
Traded as NYSEKR
S&P 500 Component
Industry Retail
Founded 1883; 133 years ago
Cincinnati,Ohio,U.S.
Founder Bernard Kroger
Headquarters Cincinnati, Ohio, U.S.,United States
Number of locations
2,774 (2015)[1]
Area served
United States
Key people
Rodney McMullen
(CEOChairman)
Products Conveniencestore,
supercenter/superstore,
Other specialty,
supermarket
Revenue $108.5 billion (2014) [2]
$2.763 billion (2013) [2]
$1.73 billion (2014) [2]
Total assets $24.652 billion (2013) [2]
Total equity $4.207 billion (2013) [2]
Number of employees
422,000 (2015) [2]
Divisions Inter-American Products
various chains
Website www.thekrogerco.com
www.kroger.com

    

   

About Kroger: 

 

 

The Kroger Companyis an American retailer founded by Bernard Kroger in 1883 in Cincinnati, Ohio. It is the country's largest supermarket chain by revenue ($103,033,000,000 for 2014),[3] second-largest general retailer (behind Walmart),[3] and twenty-third largest company.[4] Kroger is also the fifth largest retailer in the world.[5] As of December 2015, Kroger operates, either directly or through its subsidiaries, 2,620 supermarkets and multi-department stores.[6] Kroger's headquarters are in downtown Cincinnati.[7] It maintains markets in 34 states,[6] with store formats that include supermarkets, superstores, department stores, 786convenience stores, and 326 jewelry stores.[6] Kroger-branded grocery stores are located throughout the Midwestern and Southern United States. Kroger operates 37 food processing or manufacturing facilities, 1,360 supermarket fuel centers and 2,122 pharmacies.[6]

 

Kroger's employees are mostly represented by collective bargaining agreements (union employees). Seventy-five percent of Kroger employees are represented by the United Food and Commercial Workers (UFCW) union. 

n 1883, Bernard 'Barney' Kroger invested his life savings of $372 (roughly equal to $9,400 as of 2015) to open a grocery store at 66 Pearl Street[8] in downtown Cincinnati. Pearl Street formerly existed between 2nd Street and 3rd Street. The location is now approximately where I-71 passes the Great American Ballpark.

 

Kroger, the son of a merchant, had a simple dictum: "Be particular. Never sell anything you would not want yourself." Kroger tried many ways to satisfy customers. He experimented with making his own products, such as bread, so that customers would not need to go to a separate bakery. 

In 1929, there were rumors of a Safeway-Kroger merger.[9] 

In the 1930s, Kroger became the first grocery-chain to monitor product quality and to test foods offered to customers, and also the first to have a store surrounded on all four sides by parking lots

 

 

Kroger  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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