Average Sale and Lease Details
Price Range 12mo avg: | $K – $K |
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$/sf 12mo avg: | $ |
CAP Rate 12mo avg: | % |
NOI average: | $ |
Lease Terms: | yrs |
Typical Lease Type: | NNN |
Building Size avg: | 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?
It’s not complicated. We just focus on what matters — great food + great prices = Value.
Factor | Trader Joe’s |
Sales (Billions) | $11.3 (Est.) |
# of U.S Stores | 411 |
# of U.S States | 38 |
Ownership | Private; owned by ALDI Group
(ALDI Nord) of Germany |
Average Store Size | 8,000 to 12,000 |
Store Type | Specialty grocer |
Merchandise Focus | Natural/Organic/Gourmet Products |
Source: Package Facts report: “Trader Joe’s and the Natural Food Channel’
Trader Joe’s Financial Highlights
S&P Credit Rating: | Privately Held Company |
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Moody’s Credit Rating: | Privately Held Company |
Annual Revenue 2013: | Privately Held Company |
Annual Revenue : | Privately Held Company |
Revenue Growth: | Privately Held Company |
---|---|
Net Income | Privately Held Company$B |
Units (Dec. 2013) | 411 |
Average Units Volume: | Privately Held Company$27.5M |
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