Mattress Firm NNN Property For Sale
Mattress Firm is a prominent mattress retail chain operating across 49 states with over 2,500 locations. This investment offers typical lease terms of 10-12 years, with lease structures varying between absolute NNN and landlord responsibilities for roof and structure. Leases commonly include 10% rental increases every five years with options.
- Asking price $2.50M
- 6.20% cap rate
- NOI $180,000
- 11 years remaining
- NNN lease
- Building size: 4,500 SF
- Rent increases: 10% every 5 years
- Guarantor: Corporate
Asset type: Retail