Havertys NNN Investor Hub | Cap Rate Trends, Credit Rating Trends, Lease Terms & Due Diligence

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Last Year Cap

7.1%

This Year Cap

6.9%

Cap Change

-0.1%

Havertys – NNN Cap Rate Trend

Cap Rate Trends

wdt_ID wdt_created_by wdt_created_at wdt_last_edited_by wdt_last_edited_at Tenant Year Cap Rate
5779 admin2 2026 04:17 AM admin2 2026 04:17 AM 7 Brew 2,020 6.5
5780 admin2 2026 04:17 AM admin2 2026 04:17 AM 7 Brew 2,021 6.3
5781 admin2 2026 04:17 AM admin2 2026 04:17 AM 7 Brew 2,022 6.0
5782 admin2 2026 04:17 AM admin2 2026 04:17 AM 7 Brew 2,023 6.3
5783 admin2 2026 04:17 AM admin2 2026 04:17 AM 7 Brew 2,024 6.6
5784 admin2 2026 04:17 AM admin2 2026 04:17 AM 7 Brew 2,025 6.6
Tenant Year Cap Rate

Credit (what net-lease buyers care about)

Credit Snapshot

Havertys

Cap Rates NNN
Last Year 7.1%
This Year 6.9%
Change -0.1%
S&P Rating CREDIT
Last Year NR
This Year NR
Change No change

Havertys Net Lease: Secure, Essential Investment

Havertys is a well-established home furnishings retailer with a long operating history in the United States. This guide reviews cap rates, lease terms, tenant profile, and key due diligence considerations for buyers and sellers of Havertys NNN Properties and Havertys Ground Lease Properties.

For 1031 exchange buyers, Havertys Ground Lease Properties should be compared with fee simple Havertys assets, as lease structure can materially impact pricing, financing, long-term appreciation, and resale value.

Investors often target Havertys assets for:

  • Stable Retail Income Potential
  • Established Furniture Retail Brand
  • Long Operating History
  • Attractive 1031 Exchange Compatibility

Havertys Ground Lease Properties require careful comparison of rent escalations, remaining lease term, renewal options, landlord responsibilities, and residual land value versus fee simple ownership.

Havertys Ground Lease Properties for 1031 Exchange Buyers

Havertys Ground Lease Properties often trade differently than fee simple Havertys assets. Buyers should carefully evaluate the lease structure, remaining lease term, renewal options, rent escalations, landlord responsibilities, and reversion rights to understand long-term risk and return.

Havertys Investment Market Statistics

AVERAGE SALE PRICE

$6,900,000

BUILDING SIZE

35,000 – 50,000 SF

AVERAGE NOI

$510,000

LAND

3.5 – 5.0 acres

$/SF RANGE

$145 – $190

LEASE TERM SHOWN

15 years

Havertys Investor Snapshot (Quick Facts)

Origins & Growth (Past)

• Founded in 1885 in Atlanta, Georgia
• Expanded across the Southeastern U.S.
• Built a trusted furniture retail brand
• Opened large showroom locations
• Adopted omnichannel retailing
• Long-standing public company

 

Where Havertys Stands Today

• Leading home furnishings retailer
• Strong Southeastern U.S. presence
• Corporate-operated showroom network
• Expanding omnichannel shopping
• Focused on customer service
• Improving operational efficiency

Where Havertys Stands Today

• Expanding digital shopping experience
• Improved operational efficiency
• Growth in e-commerce sales
• Stronger customer engagement
• Optimized showroom network
• Focus on home furnishings
• Benefiting from housing demand trends

Why investors buy Havertys NNN Properties or Havertys ground Lease Properties?

Pros (what buyers like)

  • Established Retail Brand
    Long operating history in home furnishings.
  • Corporate-Operated Stores
    Leases are typically backed by the corporate entity.
  • Prime Retail Locations
    Often located in established retail corridors.
  • Large Showroom Format
    Purpose-built stores with strong market presence.
  • Attractive Lease Structures
    Long-term NNN or ground leases appeal to passive and 1031 exchange investors.

Cons (what can bite you)

  • Lease Structure Variability
    Some assets may be NN or modified NNN with landlord responsibilities.
  • Housing Market Exposure
    Furniture demand can fluctuate with housing activity.
  • Flat or Limited Rent Growth
    Some leases have minimal or no rent escalations.
  • Secondary Retail Locations
    Some stores may have weaker visibility or traffic.
  • Re-Tenanting Challenges
    Large showroom layouts can be difficult and costly to reposition.

Find out more

Havertys NNN Properties, Havertys Net Lease, Havertys Ground Lease Properties, Havertys Real Estate, Havertys Cap Rate, Havertys Lease Term, Havertys Tenant Profile, Havertys 1031 Exchange, Havertys Investment Properties, Furniture Store NNN Properties, Furniture Retail Real Estate, Net Lease Investments, 1031 Exchange Properties, Retail NNN Properties

Havertys Background & History

Havertys is one of the oldest home furnishings retailers in the United States, specializing in furniture, mattresses, decor, and home accessories. Founded in 1885, the company has built a strong reputation for offering quality home furnishings through a network of company-operated showrooms across the Southeast, Midwest, and Texas.

Over the years, Havertys has expanded its retail footprint while investing in e-commerce, delivery services, and omnichannel capabilities. Customers rely on Havertys for living room, bedroom, dining room, home office, and outdoor furniture, supported by in-store design services and financing options.

As consumer shopping habits continue to evolve, Havertys has adapted by strengthening its digital platform, improving supply chain efficiency, and optimizing showroom operations while maintaining a focus on customer service and product quality.

Why Havertys Matters to NNN Investors

Havertys operates a network of corporate-owned furniture stores that serve established residential markets across the United States. Furniture retailers generally occupy large-format retail locations in high-traffic commercial corridors, making site quality and market demographics important considerations for investors.

Many Havertys stores are located in established retail centers with strong visibility, convenient access, and surrounding residential growth. The company’s long operating history, recognizable brand, and corporate-operated model make it a familiar retail tenant within the net lease market.

While furniture demand can fluctuate with housing activity and consumer spending, well-located Havertys stores in growing markets may offer attractive long-term investment opportunities when supported by strong real estate fundamentals and favorable lease terms.

What Buyers and Sellers Should Evaluate

For investors evaluating Havertys NNN properties, Havertys net leases, or Havertys ground leases, the investment thesis is generally centered on real estate quality, lease structure, tenant strength, and long-term market fundamentals.

Common searches include Havertys real estate, Havertys cap rate, Havertys lease term, Havertys tenant profile, and Havertys investment properties. Ultimately, a Havertys net lease property’s value is driven by site-specific real estate fundamentals, lease economics, remaining lease term, and the overall strength of the retail location.

Buyers and sellers should evaluate each property individually, including lease structure, rent escalations, renewal options, landlord responsibilities, visibility, access, traffic counts, surrounding demographics, nearby retail synergy, and local market conditions.

In addition, investors should consider long-term cash-flow stability, exposure to housing and consumer spending cycles, future re-tenanting potential, and how the property may perform across different investment hold periods and exit strategies.

our team of experts are here for you

Our team helps investors evaluate NNN properties with practical, market-based guidance. In addition, we support buyers and sellers with lease review, pricing analysis, and due diligence strategy.

Whether you are comparing Havertys ground lease properties or fee simple Havertys assets, we can help you review the details that affect risk and long-term value. As a result, clients can make more confident decisions based on lease structure, location quality, and investment goals.

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