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

Number of locations
Revenue and income
Future plans
Corporate vs. franchise
Additional information OfficeMax Properties
1. OfficeMax’s inception took place in 1988 in the city of Cleveland, Ohio.
2. The company’s name combines the words “office” and “maximum.
3. OfficeMax is the second largest office supply retailer in the United States, after Staples.
4. The company’s most popular products include office furniture, printers, and paper.
5. OfficeMax is a subsidiary of Office Depot, Inc., a multinational corporation that owns the Office Depot brand.
OfficeMax History
Why Invest in Ground Lease and NNN Lease of OfficeMax?
1) OfficeMax NNN Property Investment: Stable income
2) OfficeMax NNN Property Investment: Established tenant
3) OfficeMax NNN Property Investment: Low management responsibility
4) OfficeMax NNN Property Investment: Favorable lease terms
5) OfficeMax NNN Property Investment: Real estate value
OfficeMax’s strategic locations in high-traffic areas can increase property value, offering potential capital appreciation.
Pros and Cons of OfficeMax 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 OfficeMax’s 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.
Thorough due diligence and consideration of location, lease terms, tenant strength, and investment strategy are essential. Seek guidance from real estate professionals and financial advisors to align with your goals and risk tolerance.