Aaron's

± 4.75-Years remaining on the base term of the lease
Retail NNN lease with landlord responsibilities limited to roof and structure
Aaron’s extended this lease early in 2025 for an additional 5 years
Attractive 11.25% rent increase coming in 2028, with subsequent 10%increases in the option periods
3-Mile population of 75,239 residents | 5-Mile population of 117,498residents
Estimated population growth of 7.12% over the next 5-years
Strong traffic counts of 29,000 vehicles daily on East 17th Street
Affluent demographics with an average household income of $105,540annually
Situated within a dense commercial corridor featuring national retailers such as Lowe’s, Harbor Freight, Natural Grocers, McDonald’s, AutoZone, and many others
Aaron’s, LLC is a leading lease-to-own retailer specializing in furniture, electronics, appliances, and home goods
Founded in 1955 and headquartered in Atlanta, Georgia
Operates over 1,200 stores across the U.S. and Canada through corporate and franchised locations
Provides flexible payment solutions for credit-challenged consumers, supporting consistent demand across economic cycles
Omnichannel platform combines a national brick-and-mortar presence withe-commerce capabilities
Benefits from strong brand recognition, a broad customer base, and resilient performance in necessity-driven retail sectors

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