Trader Joe’s

Average Sale and Lease Details

Price Range 12mo avg: $K – $K
$/sf 12mo avg: $0
CAP Rate 12mo avg: %
NOI average: $0
Lease Terms: yrs
Typical Lease Type: NNN
Building Size avg: 0 SF
Lot Size avg: +/- acres

About Trader Joe’s

Our Story

It all started in the 50s… Would you believe we started out as a small chain of convenience stores? It’s true. Way back in 1958. We were called Pronto Markets. In ‘67, our founder, the original Trader Joe, changed our name (yes, to Trader Joe’s) and the way we do business.

We made the stores bigger (if you can imagine), decked the walls with cedar planks and donned our crew in cool Hawaiian shirts. Most importantly, we started packaging innovative, hard-to-find, great-tasting foods under the “Trader Joe’s” name. That cut our costs and saved you money. Still does. And that’s important, because “Value” is a concept we take very seriously. And by ‘Value,’ we mean great everyday prices on all of our great products — no sales, no gimmicks, no clubs to join, no special cards to swipe… How do we do it?

  • We buy direct from suppliers whenever possible, we bargain hard to get the best price, and then pass the savings on to you.
  • If an item doesn’t pull its weight in our stores, it goes away to gangway for something else.
  • We buy in volume and contract early to get the best prices.
  • Most grocers charge their suppliers fees for putting an item on the shelf. This results in higher prices… so we don’t do it.
  • We keep our costs low — because every penny we save is a penny you save.

It’s not complicated. We just focus on what matters — great food + great prices = Value.

 

Factor Trader Joe’s
Sales (Billions) $11.3 (Est.)
# of U.S Stores 411
# of U.S States 38
Ownership Private; owned by ALDI Group

(ALDI Nord) of Germany

Average Store Size 8,000 to 12,000
Store Type Specialty grocer
Merchandise Focus Natural/Organic/Gourmet Products

Source: Package Facts report: “Trader Joe’s and the Natural Food Channel’


 

Annual Reports

Trader Joe’s Financial Highlights

S&P Credit Rating: Privately Held Company
Moody’s Credit Rating: Privately Held Company
Annual Revenue 2013: Privately Held Company
Annual Revenue : Privately Held Company
Revenue Growth: Privately Held Company
Net Income Privately Held Company$B
Units (Dec. 2013) 411
Average Units Volume: Privately Held Company$27.5M

Recent Closings for Trader Joe’s and Similar Tenants

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