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Office Depot Properties For Sale 

 



Interested in Purchasing a Office Depot Property for Investment?

 

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

 

 

Office Depot

 

 
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:
6% – 7%
Public
Traded as NASDAQODP
Industry Specialty retail
Founded March 1986
Founder F. Patrick Sher
Headquarters Boca Raton, Florida,United States
Number of locations
1,912 (December 2013)[1]
Area served
North America
Key people
Roland C. Smith
(
ChairmanandCEO)
Stephen Hare (
CFO)
Deborah A. O'Connor (
CAO)
Troy Rice (
EVP)
Products Office supplies, Technology, Furniture, Copy & Print, Shipping Services
Brands Office Depot,OfficeMax,Grand & Toy,Viking Direct, Ativa, TUL, Foray, Realspace, DiVOGA
Revenue US$16.096billion(2014) [2]
US$ -275million(2014) [2]
US$ -354 million (2014) [2]
Total assets US$6.844 billion (2014) [2]
Total equity US$1.621 billion (2014) [2]
Number of employees
56,000 (2015) [2]
Subsidiaries OfficeMax
Grand & Toy
Viking Direct
Slogan Gear Up For Great
Website officedepot.com

    

   

About Office Depot :

 

Office Depot (NYSE: ODP) is a supplier of office products and services. The company's selection of brand name office supplies includes business machines, computers, computer software and office furniture, while its business services encompass copying, printing, document reproduction, shipping, and computer setup and repair.

An S&P 500 company, Office Depot generates revenues of over US $14 billion annually and has 42,000 employees worldwide. It is headquartered in Boca Raton, Florida. As of 2011, Office Depot is the third largest retailer of office supplies, behind Staples and OfficeMax[3].

 Office Depot was founded by three partners: Stephen Dougherty, Pat Sher, and Jack Kopkin in 1986.[4] They envisioned a warehouse-style store for office products where customers could purchase items in bulk for discounted prices. This concept lead to starting Office Depot, and the company opened its first store in Lauderdale Lakes, Florida in 1986.[4] The company saw steady growth throughout the years, and opened the 1000th Office Depot North American retail store in Countryside, IL in 2005.

 

Office Depot  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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