Aaron's NNN Properties for Sale
Are you looking to buy or sell Aaron’s Ground Lease Properties, Aaron’s NNN Lease Properties, or Aaron’s properties for a 1031 exchange? Aaron’s is a recognized rent-to-own retailer offering furniture, appliances, electronics, and household essentials across the United States.
Investors exploring Aaron’s net lease properties should review the property location, lease structure, remaining lease term, rental income, and tenant financial position before investing.
Aaron’s originated in Atlanta, Georgia, and has developed a presence in the North American retail market. Individual property lease terms and investment characteristics vary, so buyers should assess each opportunity carefully.
If you would like to buy or sell Aaron’s NNN Properties for Sale, Aaron’s Ground Lease Properties, or net lease properties for a 1031 exchange, please email info@nnndeals.com for further information.
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| Company name | The Aaron’s Company, Inc. |
|---|---|
| Type | Privately held business following acquisition |
| Stock exchange | Formerly listed on the New York Stock Exchange under ticker AAN. The historical listing is no longer current. |
| ISIN | US0025353006 (historical security identifier) |
| Industry | Retail, furniture, appliances, electronics and lease-to-own services |
| Founded | 1955 |
| Founder | R. Charles “Charlie” Loudermilk Sr. |
| Headquarters | Atlanta, Georgia, United States |
| Area served | United States and Canada |
| Ownership | Acquired by IQVentures in October 2024. A subsequent transaction involving Katapult closed in August 2026. |
| Key people | The historical executive names in older company profiles may be outdated. Refer to the official Aaron’s company website for current company information. |
| Products and services |
|
| Revenue | US$3.94 billion (2019 historical figure) |
| Operating income | US$105.87 million (2019 historical figure) |
| Net income | US$31.47 million (2019 historical figure) |
| Total assets | US$3.29 billion (2019 historical figure) |
| Total equity | US$1.73 billion (2019 historical figure) |
| Employees | 9,400 (2020 historical figure; current headcount not verified) |
| Official website | aarons.com |
Aaron’s Inc. – A Leading Lease-to-Own Retailer in North America
Aaron’s is a well-established American retailer specializing in lease-to-own services and retail sales of furniture, electronics, computers, home appliances, and other household essentials. Founded in 1955 by R. Charles Loudermilk, the company built its business around providing customers with flexible payment options for essential household products. Headquartered in Atlanta, Georgia, Aaron’s has historically served customers across the United States and Canada through its retail stores and online platform. For company information and services, visit the official Aaron’s website.
Aaron’s retail locations can be relevant to commercial real estate investors researching Aaron’s NNN properties, Aaron’s ground lease properties, and Aaron’s triple net lease investments. These properties may offer opportunities to generate rental income through commercial leases, depending on the individual property, lease structure, and tenant obligations. Investors should carefully assess the property’s location, market demand, lease duration, rental escalations, renewal options, and the financial strength of the entity responsible for rent payments before making an investment decision.
Aaron’s Company Ownership and Financial Background
Aaron’s began operations in 1955 and became a publicly traded company in 1982. It was historically listed on the New York Stock Exchange under the ticker symbol AAN and became known for its presence in the lease-to-own retail sector. In October 2024, Aaron’s was acquired by IQVentures. On August 11, 2026, a subsequent business combination involving Katapult Holdings was completed. For further details, investors can review the SEC transaction filing.
Historical financial reports recorded revenue of approximately $2.21 billion in 2012, $3.18 billion in 2015, and $3.94 billion in 2019. These figures provide historical context only and should not be treated as the company’s current financial performance. Because the company’s ownership and corporate structure have changed, investors should review the latest available disclosures and confirm the financial standing of the specific tenant and lease guarantor associated with any property under consideration.
Aaron’s NNN Lease and Ground Lease Investment Opportunities
For investors exploring Aaron’s commercial properties, a triple net lease (NNN) is a lease structure in which the tenant generally pays property taxes, building insurance, and maintenance costs in addition to rent, subject to the specific lease agreement. A ground lease, by contrast, typically involves leasing land to a tenant who may develop or operate a building on the site under agreed contractual terms.
Investors can browse available NNN investment property listings to explore commercial net lease opportunities and review 1031 exchange investment properties for information about potential tax-deferred exchange transactions. Eligibility and tax treatment depend on the applicable rules and individual circumstances.
Before acquiring an Aaron’s NNN property, investors should verify the property’s current ownership, lease documents, remaining lease term, rent escalation schedule, tenant creditworthiness, renewal provisions, building condition, and local market conditions. Thorough due diligence helps investors understand the risks and potential income associated with each investment.
Aaron’s Workforce and Company Growth
Aaron’s growth has been supported by its employees, franchise operators, and retail teams, who help deliver lease-to-own and retail purchase solutions to customers. The company operates through its retail network and online platform, serving customers across the United States and Canada. Its business focuses on furniture, appliances, electronics, and other household essentials. According to the company’s historical disclosures, Aaron’s operated approximately 1,200 stores across 47 U.S. states and Canada before its acquisition in 2024. The previously quoted figure of more than 12,700 employees and the 2.42% growth rate should not be presented as current without a reliable, recent source.
The History Behind Its Origin
R. Charles Loudermilk founded Aaron’s in 1955, establishing a business that developed into a recognized lease-to-own retailer in the United States. The company expanded through company-operated and franchised stores, offering customers flexible ways to obtain furniture, home appliances, electronics, and other essential products.
Headquartered in Atlanta, Georgia, Aaron’s developed its retail presence over several decades and introduced its e-commerce platform to complement its physical stores. Its business model evolved to combine traditional retail operations with digital shopping and lease-to-own services.
In October 2024, The Aaron’s Company was acquired by IQVentures, and its shares ceased trading on the New York Stock Exchange. This marked a significant change in the company’s ownership and corporate structure.
Working Towards Retail and Property Opportunities
Aaron’s retail network makes its locations relevant to commercial real estate investors researching Aaron’s NNN properties, Aaron’s ground lease properties, and other net lease investments. However, individual property opportunities must be assessed using their actual lease documents and current listing details rather than assuming that every Aaron’s location is available for sale or lease.
Investors can explore NNN investment property listings to review available commercial real estate opportunities. The company’s historical store disclosures describe typical company-operated locations as generally ranging from approximately 6,000 to 15,000 square feet, although layouts vary by store type.
Lease terms, rental increases, renewal options, and property expenses vary from one transaction to another. The previously stated 10–20-year lease term, 20–40-year extension period, 10% rent increases every five years, $1 million–$3 million investment range, and 6.5%–7.5% capitalization rate have not been verified as current, standard Aaron’s lease terms. These figures should only be used when supported by the specific property listing and lease documentation.
Aaron’s NNN Lease and Ground Lease Investments
Aaron’s-related commercial properties may be evaluated for their rental income potential, lease structure, location, and long-term investment suitability. Under a triple net lease, the tenant generally pays property taxes, insurance, and maintenance costs in addition to rent, subject to the terms of the individual lease agreement. A ground lease is a separate arrangement involving the lease of land.
Investors considering an Aaron’s NNN lease, Aaron’s ground lease property, or other retail net lease investment should verify the current property owner, tenant entity, lease guarantor, remaining lease term, rent escalation schedule, and all relevant contractual obligations.
For investors considering a 1031 exchange, suitable replacement properties must meet the applicable tax requirements and deadlines. Professional tax and legal advice is recommended before proceeding.
To explore available NNN listings or discuss commercial net lease investment opportunities, visit NNN Investment Group’s active listings or contact info@nnndeals.com.
Aaron’s for 1031 Exchange, Aaron’s Ground Lease Property or Aaron’s NNN Lease Property for Sale:
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