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|Remaining Term||10 years, 1 month|
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Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer a single tenant Lowe’s home improvement store in Logan, WV (the “Property”). Lowe’s, the world’s 2nd largest home improvement retailer (BBB+; S&P), boasts a 20+ year tenure at this location and recently extended their term for 10 years.
- Long Term Tenure & Commitment to the Location
- Lowe’s opened its doors at this Logan, WV location in 1998 and recently extended its tenure for an additional ten (10) years. There are now ten (10) years of remaining lease term.
- 20+ Years Lease Tenure at Location
- 10 Year Lease Extension Executed in 2021'
- Strong Brand Dominance in West Virginia
- Lowe’s is the preferred home improvement store retailer in the state of West Virginia.
- Lowe’s features 18 locations in West Virginia while The Home Depot operates just 6.
- Rare Opportunity to Own the Only Lowe’s Asset Within 50 Miles