Interested in selling your Kenneth Cole NNN property or Kenneth Cole 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 Kenneth Cole NNN property for sale or Kenneth Cole 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 Kenneth Cole NNN property or the inclusion of a Kenneth Cole ground lease property in your investment portfolio. As specialists in working with 1031 exchange buyers seeking off-market Kenneth Cole properties, we are dedicated to delivering competitive offers with reduced fees to help you maximize your investment returns.
Number of locations
Kenneth Cole Productions has over 1,000 retail stores in the United States, Canada, Europe, Asia, and Latin America.
Revenue and income
In 2022, Kenneth Cole Productions’ total revenue was $1.5 billion. Net income was $200 million.
Future plans
Kenneth Cole Productions plans to continue expanding its global footprint. In 2023, the company plans to open over 100 new stores worldwide. Kenneth Cole Productions also invests in new technologies like e-commerce and mobile shopping.
Corporate vs. franchise
About 80% of Kenneth Cole Productions stores are corporate-owned. The remaining 20% are franchised. Franchisees typically pay a franchise fee of $25,000 to $50,000 and a royalty fee of 5% of gross sales.
Additional information Kenneth Cole Properties
Kenneth Cole Productions was founded in 1982 by Kenneth Cole.
The company’s products include clothing, footwear, accessories, and fragrances.
Kenneth Cole Productions is a publicly traded company on the New York Stock Exchange (NYSE: KCO).
Kenneth Cole History
Kenneth Cole Productions was founded in 1982 by Kenneth Cole. The company started as a footwear line but has subsequently broadened its offerings to encompass apparel, accessories, and fragrances. Kenneth Cole Productions is a publicly traded company on the New York Stock Exchange (NYSE: KCO).
Why Invest in Ground Lease and NNN Lease of Kenneth Cole?
Investing in Kenneth Cole’s ground lease and triple net (NNN) lease properties offer compelling reasons:
1) Kenneth Cole NNN Property Investment: Stable income
Properties leased to Kenneth Cole Productions, a reputable and established product company, can provide a consistent and predictable income stream through NNN leases. These leases typically transfer property management responsibilities to the tenant, ensuring steady cash flows for the investor.
2) Kenneth Cole NNN Property Investment: Established tenant
Kenneth Cole Productions’ well-known brand and market presence enhance the property’s attractiveness to potential investors. This recognition reduces the likelihood of tenant-related issues, such as vacancies or lease defaults, contributing to a stable investment environment.
3) Kenneth Cole NNN Property Investment: Low management responsibility
NNN leases shift the burden of property upkeep and expenses to the tenant, freeing the landlord from day-to-day management obligations. This hands-off approach allows investors to enjoy the benefits of real estate ownership without the complexities of property maintenance.
4) Kenneth Cole NNN Property Investment: Favorable lease terms
Long-term leases with built-in rent escalation clauses can provide a reliable income stream while protecting against inflation. This arrangement offers investors a clear financial picture and the potential for rental income growth.
5) Kenneth Cole NNN Property Investment: Real estate value
Kenneth Cole Productions’ strategic locations in high-traffic areas can increase property value, offering potential capital appreciation.
Pros and Cons of Kenneth Cole Ground Lease and NNN Lease Investment
Pros:
1. Firm brand name and reputation
2. Track record of growth and profitability
3. Growing industry
4. Inexpensive stock
Cons:
1. The fashion industry is cyclical
2. Competition from other brands
3. Risk of product recalls or other negative publicity
Investing in Kenneth Cole Productions can be a good option for investors looking for a well-established company with a track record of success. However, it is essential to carefully consider the risks involved before making any investment decisions.