Sears

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

Number of locations

Sears Properties has maintained a significant presence across the United States, focusing on key markets and suburban areas. As of January 2025, Sears operates a network of locations, including large-format department stores and smaller neighborhood outlets, catering to a wide demographic. While its footprint has reduced compared to previous decades, Sears remains a recognizable name in retail.

Revenue and income

Sears Properties has experienced mixed financial performance in recent years. Despite challenges in the competitive retail landscape, Sears has reported steady revenue contributions from select locations and strategic online sales. Its emphasis on home goods, appliances, and tools has helped sustain key revenue streams, appealing to its loyal customer base.

Future plans

Sears Properties is focusing on revitalizing its business model through 2025 by optimizing store formats and investing in e-commerce. The company plans to enhance customer experiences by modernizing its stores, expanding its online marketplace, and introducing exclusive product lines. Sears is also integrating energy-efficient practices into its operations, aiming to align with modern sustainability standards.

Corporate vs. franchise

Sears Properties primarily operates through a mix of corporate-owned stores and licensed franchise locations. This dual approach allows Sears to balance control over brand quality with the flexibility of franchise partnerships. Corporate-owned stores focus on flagship offerings, while franchise locations provide localized retail solutions, enabling the company to maintain a widespread presence.

Additional information Sears Properties

Sears Properties has a rich history, dating back to its founding in 1892. Known for its pioneering mail-order catalogs and department stores, Sears was once a cornerstone of American retail. By 2025, Sears remains committed to serving customers with its signature product offerings, including home appliances, tools, and apparel. Although it has faced significant challenges over the years, Sears continues to adapt to evolving market demands, maintaining a loyal customer base and striving to preserve its legacy in the retail industry.

Sears History

Sears is an iconic retail chain founded in 1892 by Richard Sears and Alvah Roebuck in Chicago, Illinois. Originally established as a mail-order catalog business, Sears revolutionized the retail industry by bringing a wide variety of products directly to American households. Over the decades, Sears expanded into brick-and-mortar stores and became a household name, known for its appliances, tools, clothing, and home goods. Despite challenges in recent years, Sears continues to hold a significant place in retail history. As of 2025, Sears operates stores across the United States and remains a recognizable brand, with a legacy rooted in innovation and customer trust.

Why Invest in Ground Lease and NNN Lease of Sears?

1) Sears NNN Property Investment: Stable income

Investing in Sears NNN property offers a stable income stream backed by the brand’s long-standing history and recognition in the market. As a tenant, Sears provides a reliable rental income, making it a dependable option for investors seeking consistency.

2) Sears NNN Property Investment: Established tenant

Sears, with over a century of retail experience, is an established tenant with a proven track record. Its legacy and operational resilience reduce the risks of vacancies or lease defaults, ensuring steady income for investors in Sears NNN properties.

3) Sears NNN Property Investment: Low management responsibility

Investing in Sears NNN properties requires minimal management responsibilities for landlords. Sears, under ground and NNN leases, takes on property-related expenses such as maintenance, taxes, and insurance. This hands-off investment model appeals to those seeking simplicity.

4) Sears NNN Property Investment: Favorable lease terms

Sears NNN property investors benefit from long-term leases that often include rent escalations, providing a predictable and growing income stream. These favorable lease structures make Sears properties a secure and attractive option for investors.

5) Sears NNN Property Investment: Real estate value

Sears properties are typically situated in high-visibility retail locations, which maintain or increase in value over time. These prime real estate assets contribute to capital appreciation, making Sears NNN investments a strong addition to long-term investment portfolios.

Pros and Cons of Sears Ground Lease and NNN Lease Investment

Pros:

Stable income from a well-recognized brand with over a century of history.
Established tenant reduces risks of vacancy and lease defaults.
Minimal management responsibilities for landlords.
Long lease terms offer stability and potential for rental income growth.
Prime retail locations support long-term property value.

Cons:

Lease renewal risk when the lease term expires.
Dependence on Sears’ performance and its ability to adapt to evolving retail trends.
Increased competition from e-commerce and other retailers can impact profitability.
Limited control over property decisions due to lease structure.
General real estate market and economic risks.
Investors should thoroughly assess the property’s location, lease terms, and the tenant’s financial health. Consulting with industry professionals and financial advisors is essential to ensure the investment aligns with individual goals and risk tolerance.