Lowest Cap Rate
4.50%
Lowest Cap Rate over past 24 months
Average Cap Rate
Low Transaction Volume
Contact for Details
Contact for Details
12 mo avg with 5+ yr lease term
Average Cap Rate calculated if 3+ comps are available over past 12 months
Quarter Cap Rate
Low Transaction Volume
Contact for Details
Contact for Details
Average Cap Rate over previous quarter
Average Quarter Cap Rates calculated over prior full quarter, irrespective of term length
Overview
Mattress Firm is one of the nation's largest mattress retail chains, with locations in 49 states. Mattress Firm has over 2,500 locations in neighborhoods across the country. A typical lease term for Mattress Firm is anywhere from 10-12 years, with lease structures varying between absolute NNN and leases where the landlord has responsibility for roof and structure. It is common for these leases to feature 10% rental increases every five years during the initial term, and options.
Property & Lease
Sales Price Range$2,250,000 - $2,750,000
NOI Range$150,000 - $210,000
Building SF4,500
Lease Term10 - 12 Years
Escalations10% Every 5 Years
Stock SymbolCAPITALCOM:US500
Credit Rating
S&PB+
Moody'sB1
Cap Rate By Region
Average regional cap rates calculated over past 24 months, irrespective of term length
7.14
5.73
7.31
6.19
5.88
6.16
*Regional cap rates calculated from sales data available over the past 24 months, irrespective of remaining term.
Financial Fundamentals
- Overview
- Cap Rate By Region
Recent Sales Comps
Twin Falls, ID5.95%
Norridge, IL8.27%
Chicago, IL9.25%
Top Consumer Traffic
Brooklyn, NY102,100
Melbourne, FL77,700
Tarentum, PA74,900
Provided by Placer.ai
*Indicates ranking may be skewed due to limited data
