Real Estate Opportunities
The Company
Headquartered in Atlanta, Aaron’s is a leading omnichannel provider of lease-purchase solutions. Aaron's engages in the sales and lease ownership and specialty retailing of furniture, consumer electronics, home appliances, and accessories through its approximately 1,300 Company-operated and franchised stores in 47 states and Canada, as well as its e-commerce platform, Aarons.com.
Market
Proposed stores can be located in either existing markets or new markets that range from rural and large towns to suburban and urban markets.
Real Estate Requirements
Strong position in high-traffic regional shopping centers that have excellent visibility and access. Favorable retail co-tenants include: Ross, TJ Maxx, Marshalls, Five Below, dd's Discounts, Walmart, Target, and/or Major Grocery chains.
Site Requirements
The typical store is 8,000 to 15,000 square feet, with 70’ of frontage, and can be either freestanding or in-line. Storefront should have a primary exterior sign (above store entrance), secondary exterior sign (sides and back of building), pylon cabinet signs, marquee signs, and interior signage.
Demographics
Rural Markets
7 Mile Minimum Household Count ~2,500 and Median Household Income $40,000+
8,000-12,000 Gross Square Feet.
Suburban/Large Town Markets
5 Mile Minimum Household Count ~25,000 and Median Household Income $50,000+
8,000-12,000 Gross Square Feet.
Urban Markets
3 Mile Minimum Household Count ~40,000 and Median Household Income $50,000+
10,000-15,000 Gross Square Feet.
Site Submissions
Please provide a site plan with the address, proposed space (with dimensions), co-tenants and vacancies clearly marked, traffic counts, aerials, 3 and 5-mile radius ring demographics, and contact information.