Aaron's - Portsmouth, OH

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire a 10,674 square foot freestanding, single-tenant Aaron’s located at 3050 Walnut Street in Portsmouth, Ohio (“Property” or “Asset”). Aaron’s is operating on a 12.0-year absolute NNN lease with 2.0% rent escalations annually, two (2), five-year renewal options and zero landlord responsibilities.

The Asset is 100% leased to Shining Star Ventures, Inc. (the “Tenant”), an Aaron’s franchisee. Aaron’s, operates as a privately held provider of lease-to-own and retail purchase solutions of appliances, electronics, furniture, and other home goods. Aaron’s maintains an extensive real estate footprint with over 1,200 stores operating throughout the United States and in Canada. Founded in 1955, the company was publicly traded from 1982 to 2024 and serves approximately 40-50% of the U.S. population with annual household incomes below $50,000.

The Property commands an exceptional location with immediate access to Gallia and Walnut Streets, capturing exposure to nearly 35,000 vehicles daily. This high-traffic arterial provides seamless connectivity throughout the tri-state region, ensuring consistent customer flow and maximum brand visibility for the national brand tenant.