BJ’s Wholesale Club

Typical BJ’s properties are large-format, free-standing buildings ranging from 85,000 to 115,000 square feet situated on 8 to 12 acres. Most lease structures are corporately guaranteed with 15- to 20-year absolute NNN terms and include 10% rent increases every 5 years. Properties often feature fueling stations, extensive parking, and high traffic exposure in dense suburban […]