Barnes & Noble

Interested in selling your Barnes & Noble NNN property or Barnes & Noble ground lease property and was wondering what you can get for it in today’s changing market?

Contact us for a complimentary broker opinion of value for your off-market Barnes & Noble NNN property for sale or Barnes & Noble ground lease property for investment, specifically tailored to support your 1031 exchange requirements. This valuable assessment will provide you with the necessary clarity to make informed decisions regarding the sale of your Barnes & Noble NNN property or the inclusion of a Barnes & Noble ground lease property in your investment portfolio. As specialists in working with 1031 exchange buyers seeking off-market Barnes & Noble properties, we are dedicated to delivering competitive offers with reduced fees to help you maximize your investment returns.

Number of locations

As of January 2025, Barnes & Noble operates over 650 retail locations across the United States. The company continues its presence in all 50 states, with flagship stores in major metropolitan areas and an increasing number of stores in suburban areas and college towns.

Revenue and income

In 2024, Barnes & Noble generated total revenue of approximately $4.2 billion. Net income for the year rose to $150 million, showcasing robust growth in retail sales and significant improvements in its e-commerce operations.

Future plans

Barnes & Noble aims to open 40 new locations in 2025, focusing on underserved markets and further strengthening its presence in suburban areas. The company is also expanding its digital footprint, with ongoing investments in its e-commerce platform, enhanced personalized AI-powered book recommendations, and a seamless online-to-offline shopping experience. Additional plans include rolling out upgraded self-checkout systems and introducing community-driven events such as author talks and book clubs in more stores.

Corporate vs. franchise

Barnes & Noble locations remain primarily corporate-owned. Unlike many retail chains, Barnes & Noble does not operate on a franchise model. All stores are managed directly by the company to maintain consistent product offerings, customer experience, and store standards. \

Additional information BankUnited Properties

Barnes & Noble, founded in 1886, remains the largest retail bookseller in the United States. Known for its extensive selection of books, educational materials, magazines, gifts, and cafe services, the company has also diversified its offerings with an expanded NOOK line of e-readers and digital content platforms. Since its acquisition by Elliott Management in 2019, Barnes & Noble has continued to thrive as a privately held company, with a renewed focus on innovation and customer engagement.

Barnes & Noble History

Barnes & Noble traces its origins back to 1886, when Charles M. Barnes opened a small book business in Wheaton, Illinois. In 1917, his son William Barnes partnered with G. Clifford Noble to establish the first official Barnes & Noble bookstore in New York City. Over the years, the company grew into the largest retail bookseller in the United States, renowned for its extensive collection of books, magazines, and educational products. Barnes & Noble distinguished itself by creating inviting retail environments with in-store cafes and community events. The acquisition of B. Dalton Bookseller in the 1980s further expanded its footprint. Today, Barnes & Noble operates hundreds of stores across the country and continues to evolve, focusing on digital innovation, online retail, and supporting local communities through a passion for books and education.

Why Invest in Ground Lease and NNN Lease of Barnes & Noble?

Investing in Barnes & Noble ground lease and triple net (NNN) lease properties presents numerous advantages:

1) Barnes & Noble NNN Property Investment: Stable income

Barnes & Noble’s reputation as a leading bookseller with a loyal customer base ensures reliable revenue streams. Ground and NNN leases provide investors with steady, long-term cash flow.

2) Barnes & Noble NNN Property Investment: Established tenant

With decades of market presence, Barnes & Noble offers stability as tenants. Its established brand and consistent foot traffic lower the risk of vacancy, ensuring dependable investment returns.

3) Barnes & Noble NNN Property Investment: Low management responsibility

In ground and NNN leases, tenants assume responsibility for maintenance, property taxes, and insurance, offering investors passive income with minimal operational oversight.

4) Barnes & Noble NNN Property Investment: Favorable lease terms

Long-term leases with scheduled rent escalations ensure predictable income growth and enhance the value of the property over time.

5) Barnes & Noble NNN Property Investment: Real estate value

Barnes & Noble locations are typically situated in prime, high-visibility retail areas, contributing to the property’s appreciation and long-term value.

Pros and Cons of Barnes & Noble Ground Lease and NNN Lease Investment

Pros:

Consistent income is supported by a well-established retail bookseller.
Reduced risk of lease default due to Barnes & Noble’s strong market presence.
Minimal management involvement, enabling passive income.
Long lease durations with structured rent escalations.

Cons:

Potential lease renewal risk at the end of the term.
Investment performance is tied to Barnes & Noble’s business operations.
Market competition and changes in retail trends may affect profitability.
Limited property control, as tenants manage property operations.
Real estate investments are subject to economic conditions and market fluctuations.

To maximize returns, conduct thorough due diligence, evaluate the property location and lease terms, and consult with real estate experts and financial advisors to ensure alignment with your investment strategy and risk tolerance.