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Macy's Properties For Sale 

    



Interested in Purchasing a Macy's Property for Investment?

 

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

 

 

 

 

 
Price: 

$3M - $5M


Lease Term
:

10 – 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:
5% – 6%
Formerly called
R. H. Macy & Co.
Subsidiary
Industry Retail
Founded October 28, 1858; 157 years ago
New York,New York,U.S.
Founder Rowland Hussey Macy
Headquarters Cincinnati,Ohio,U.S.
Number of locations
773[1] (2015)
Areas served
Nationwide
Key people
Jeffrey Gennette (President)
Terry J. Lundgren (
CEO)
Products Clothing, footwear, accessories, bedding, furniture, jewelry, beauty products, and housewares
Parent Macy's, Inc.
Subsidiaries Macy's Furniture Gallery
Website macys.com

    

   

About Macy's :

Macy's  , originally R. H. Macy & Co.(stylized as macy's  ), is a mid-range chain of department stores owned by American corporation  Macy's, Inc. It is one of two divisions owned by the company, with the other being the upscale Bloomingdale's. As of January 2014, the Macy's division operates 789 department store locations in the continental United States, Hawaii,  Puerto Rico, and Guam, including the prominent Herald Square flagship location   in  Midtown Manhattan,New York City.[2] :35

Macy's is known for its niche in popular culture and the diversity of its merchandise. Competitors include Belk,  Bon-Ton,  Dillard's,  Kohl's,  JCPenney,  Boscov's  and  Sears. Macy's has conducted the annual Macy's Thanksgiving Day Paradein New York City since 1924 and has sponsored the city's annual Fourth of July fireworks display since 1976. Macy's flagship store on Herald Square is advertised as the largest store in the world, even though it is smaller than the largest store of Shinsegae. Its flagship store covers almost an entire New York City block, features about 1.1 million square feet of retail space, includes additional space for offices and storage, and serves as the endpoint for Macy’s annual Thanksgiving Day parade. It is estimated that the value of Herald Square is under $3 billion to more than $4 billion.[3]

As of 2015, Macy's is the largest U.S.department store company by retail sales and is the 15th-largest retailer in the United States in 2014 in terms of revenue.

Macy's  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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