Ashley Furniture HomeStore is a highly sought after brand andhas been aggressively expanding in recent years. Ashley FurnitureHomeStore typically features a 30,000 - 54,000 +/- SF building, andare usually situated on 2.5 - 5.5 acres of land. Ashley FurnitureHomeStore net lease properties provide a long-term investment withno property management responsibilities. Generally the lease termis a 15 year NNN with 3 five-year options and increases annually or7.5-10% every 5 years. Ashley Furniture HomeStore are generallyoperated by franchisees as opposed to corporately owned. In lessthan 10 years, Ashley Furniture HomeStore has become the No. 1selling furniture store brand in the world and the No. 1 retailerof furniture and bedding in the United States.
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