Best Buy

Average Sale and Lease Details

Price Range 12mo avg: $4.3M – $9.7M
$/sf 12mo avg: $133
CAP Rate 12mo avg: 5.15%
NOI average: $353,183
Lease Terms: 20yrs
Typical Lease Type: NNN
Building Size avg: 35,378 SF
Lot Size avg: 3.2+/- acres

About Best Buy

Best Buy is a leading retailer of technology products, services and solutions, with approximately 1,600 stores in North America and nearly $40 billion in annual revenue.

The company offers expert service at an unbeatable price more than 1.5 billion times a year to the consumers, small business owners and educators who visit our stores, engage with Geek Squad Agents or use or the Best Buy app. Seventy percent of the U.S. population lives within 15 minutes of a Best Buy store, and the company also has operations in Canada and Mexico.



Annual Reports

Best Buy Financial Highlights

S&P Credit Rating: BB+
Moody’s Credit Rating: Baa2
Annual Revenue 2016: $39.53B
Annual Revenue 2015: $40.34B
Revenue Growth: 2.74 2015
Net Income $1.23B
Units (Mar. 2016) 1,631
Average Units Volume: $24.2M

Recent Closings for Best Buy and Similar Tenants

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