Triple Net Investment Group

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

JoS. A. Bank logo

Number of locations

As of January 2023, JoS. A. Bank Clothiers has over 550 stores in the United States.

Revenue and income

In 2022, JoS. A. Bank Clothiers’ total revenue was $1.2 billion. Net income was $40 million.

Future plans

JoS. A. Bank Clothiers plans to continue expanding its retail footprint. In 2023, the company plans to open over 50 new stores nationwide. JoS. A. Bank Clothiers also invests in new technologies like online ordering and mobile payments.

Corporate vs. franchise 

All JoS. A. Bank Clothiers stores are corporate-owned. The company does not franchise its stores.

Additional information JoS. A. Bank Properties

JoS. A. Bank Clothiers was founded in 1905 in Reading, Pennsylvania.
The company’s name refers to its founder, Joseph A. Bank.
JoS. A. Bank Clothiers is a men’s clothing retailer that sells suits, sports coats, dress shirts, pants, and accessories.
The company is known for its frequent sales and promotions.

JoS. A. Bank History

JoS. A. Bank Clothiers was founded in 1905 in Reading, Pennsylvania. The company was founded by Joseph A. Bank, who started out as a tailor. The company has since become a leading men’s clothing retailer, with over 550 stores in the United States.

Why Invest in Ground Lease and NNN Lease of JoS. A. Bank?

Investing in JoS. A. Bank’s ground lease and triple net (NNN) lease properties offer compelling reasons:

1) JoS. A. Bank NNN Property Investment: Stable income

JoS. A. Bank Clothiers is a well-established brand with a strong market presence. This provides reliable income streams for investors.

2) JoS. A. Bank NNN Property Investment: Established tenant

JoS. A. Bank Clothiers is a financially stable company with a long history of profitability. This reduces the risk of the tenant defaulting on the lease or vacating the property.

3) JoS. A. Bank NNN Property Investment: Low management responsibility

In a ground lease or NNN lease arrangement, the tenant assumes accountability for all property management obligations, encompassing maintenance, repairs, and insurance, leading to time and cost savings for the landlord.

4) JoS. A. Bank NNN Property Investment: Favorable lease terms

JoS. A. Bank Clothiers ground leases and NNN leases typically have long terms, providing investors with stability and predictability.

5) JoS. A. Bank NNN Property Investment: Real estate value

JoS. A. Bank Clothiers stores are typically located in high-traffic areas, which can increase property value and offer potential capital appreciation.

Pros and Cons of JoS. A. Bank Ground Lease and NNN Lease Investment

Pros:

1. Stable income from a well-established brand.
2. Established tenant reduces vacancy and lease default risks.
3. Minimal management responsibility for landlords.
4. Long lease terms provide stability and potential income growth

Cons:

1. Lease renewal risk when the term expires.
2. Dependency on JoS. A. Bank Clothiers’ success and operational challenges.
3. Market saturation and competition affect profitability.
4. Limited control over property decisions.
5. Economic and market risks inherent in real estate investments.

Investing in JoS. A. Bank Clothiers Retail’s ground lease and NNN lease properties can be a good way to generate passive income and achieve long-term growth.