Jo-Ann Stores, Inc.

Average Sale and Lease Details

Price Range 12mo avg: $5.38M – $17.70M
$/sf 12mo avg: $360
CAP Rate 12mo avg: 6.18%
NOI average: $684,385
Lease Terms: 13yrs
Typical Lease Type: NNN
Building Size avg: 30,600 SF
Lot Size avg: 1.80+/- acres

About Jo-Ann Stores, Inc.

Jo-Ann Fabric and Craft Stores was founded in 1943 as a single retail store. Today, Jo-Ann is the nation’s leading fabric and craft specialty retailer. The company retail stores (operating as Jo-Ann Fabrics and Crafts stores) and website (www.joann.com) feature a variety of competitively priced merchandise used in sewing, crafting and home decorating projects, including fabric, notions, crafts, frames, paper crafting supplies, artificial floral, finished seasonal and home decor items. As of December 10, 2014, Jo-Ann Fabric and Craft Stores operates approximately 850 stores in 49 states.


 

Jo-Ann Stores, Inc. Financial Highlights

S&P Credit Rating: Privately Held Company
Moody’s Credit Rating: Privately Held Company
Annual Revenue : Privately Held Company
Annual Revenue : Privately Held Company
Revenue Growth: Privately Held Company
Net Income Privately Held Company$B
Units (Dec. 2014) 850
Average Units Volume: Privately Held Company$K

Recent Closings for Jo-Ann Stores, Inc. and Similar Tenants

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