H&R Block

Interested in selling your H&R Block NNN property or H&R Block 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 H&R Block NNN property for sale or H&R Block 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 H&R Block NNN property or the inclusion of a H&R Block ground lease property in your investment portfolio. As specialists in working with 1031 exchange buyers seeking off-market H&R Block properties, we are dedicated to delivering competitive offers with reduced fees to help you maximize your investment returns.

Number of locations

As of January 2023, H&R Block operates in over 10,000 locations across various countries, offering tax preparation and financial services.

Revenue and income

In the fiscal year 2022, H&R Block reported total revenue of approximately $3.5 billion, with a net income of around $550 million.

Future plans

H&R Block is dedicated to further enhancing its services and accessibility. In anticipation of 2023, the company’s strategic focus includes establishing new offices in key locations and prioritizing delivering exceptional tax assistance services.

Corporate vs. franchise

The majority of H&R Block offices are operated as franchises, constituting around 80% of the total. The remaining 20% are corporate-owned offices. Franchisees typically undergo rigorous training and pay a franchise fee, contributing to the company’s widespread presence.

Additional information H&R Block Properties

Founded in 1955, H&R Block is renowned for its professional tax preparation services and financial expertise. The company’s mission is to provide accurate and efficient tax assistance to individuals and businesses alike. H&R Block offers diverse financial solutions, including tax consultation, digital tax filing, and expert financial advice. The brand’s commitment to quality and reliability has made it a trusted name in the tax preparation industry. H&R Block remains dedicated to helping individuals navigate the complexities of tax regulations and achieve financial success.

H&R Block History

H&R Block has a rich history dating back to its establishment in 1955 as a premier tax preparation company. Founded to provide expert financial services, H&R Block quickly gained recognition as a trusted partner in managing tax responsibilities for individuals and businesses alike. The company’s commitment to excellence and innovation has positioned it as a leading player in the financial services industry.

Why Invest in Ground Lease and NNN Lease of H&R Block?

Investing in H&R Block’s ground lease and triple net (NNN) lease properties offer compelling reasons:

1) H&R Block NNN Property Investment: Stable income

Capitalizing on H&R Block’s strong reputation and consistent demand for tax services, ground and NNN leases offer stable income streams bolstered by the company’s established presence and respected brand.

2) H&R Block NNN Property Investment: Established tenant

H&R Block’s longstanding success and reputable brand minimize the risk of lease default or tenant vacancy, ensuring a reliable and consistent tenant for the property.

3) H&R Block NNN Property Investment: Low management responsibility

In-ground and NNN lease arrangements place property management duties in the hands of the tenant, reducing the landlord’s administrative obligations and associated responsibilities.

4) H&R Block NNN Property Investment: Favorable lease terms

Long-term lease agreements, often accompanied by rent escalations, provide a foundation for predictable income and the potential for rental growth over time.

5) H&R Block NNN Property Investment: Real estate value

Strategically situated in high-traffic areas, H&R Block locations can enhance property value, offering the possibility of capital appreciation.

Pros and Cons of H&R Block Ground Lease and NNN Lease Investment

Pros:

1. Benefit from consistent income flow through a reputable, well-established brand.
2. H&R Block’s recognized standing reduces risks associated with vacancy and lease defaults.
3. Tenant-driven property maintenance eases landlord management responsibilities.
4. Extended lease terms bring stability and the potential for increasing income.

Cons:

1. Understand the lease renewal process and potential impacts on investment returns.
2. Investment success is linked to H&R Block’s operational performance and success.
3. Consider market saturation and competition affecting property profitability.
4. Investment yields limited control over property decisions.
5. Acknowledge real estate investment risks related to economic and market factors.

Thorough research, diligent assessment of location and lease terms, evaluation of tenant strength, and alignment with your investment strategy are pivotal. Consulting real estate professionals and financial advisors is advised to ensure your investment aligns with your objectives and risk tolerance.