Average Sale and Lease Details
| Price Range 12mo avg: | $20.4M – $23.49M |
|---|---|
| $/sf 12mo avg: | $134.52 |
| CAP Rate 12mo avg: | 4.60% |
| NOI average: | $1011650 |
| Lease Terms: | 25yrs |
| Typical Lease Type: | NN |
| Building Size avg: | 138665 SF |
| Lot Size avg: | 16+/- acres |
About Lowe’s
Lowe’s has been helping customers improve the places they call home since it was founded in 1946.
Traded on the New York Stock Exchange (LOW) since 1961, Lowe’s has grown from a small hardware store to a home improvement company providing customers inspiration and support whenever and wherever they shop. Whether our customers shop in store, online, by phone, or at their home or place of business with a Lowe’s employee, Lowe’s is ready to help.
image
Lowe’s retail customers include individual homeowners and renters who complete a wide array of projects from do-it-yourself (DIY) to do-it-for-me (DIFM). Lowe’s professional customers represent approximately 30 percent of total sales and consist of two broad categories; construction and trade, and maintenance, repair and operations.
Lowe’s supports the communities it serves through programs that focus on K-12 public education and community improvement projects. From the company’s signature education grant program, Lowe’s Toolbox for Education®, to Lowe’s Heroes projects supported by employee volunteers in their local communities, and the Lowe’s Charitable and Educational Foundation, Lowe’s has donated hundreds of millions of dollars and countless volunteer hours to improve communities in the United States, Canada and Mexico.
NYSE: LOW
Annual Reports
Lowe’s Financial Highlights
| S&P Credit Rating: | A- |
|---|---|
| Moody’s Credit Rating: | A3 |
| Annual Revenue 2015: | $59.07B |
| Annual Revenue 2014: | $56.2B |
| Revenue Growth: | ↑ 4.95 2014 |
|---|---|
| Net Income | $2.5B |
| Units (Dec. 2015) | 1857 |
| Average Units Volume: | $31.81M |
Under the two-class method, earnings per share is calculated using net earnings allocable to common shares, which is derived by reducing net earnings by the earnings allocable to participating securities. Net earnings allocable to common shares used in the basic and diluted earnings per share calculation were $10 million for the three months ended January 29, 2016 and $447 million for the three months ended January 30, 2015. Net earnings allocable to common shares used in the basic and diluted earnings per share calculation were $2,534 million for the year ended January 29, 2016 and $2,682 million for the year ended January 30, 2015.
Recent Closings for Lowe’s and Similar Tenants