TJ Maxx NNN Properties For Sale: Listings, Cap Rates and 1031 Buyer Guide

This page tracks TJ Maxx net lease properties observed for sale in the United States, refreshed automatically from listing broker materials, checks the tenant against the investment grade threshold, and walks through how to evaluate one before you make an offer. If you want the corporate credit story, the TJ Maxx credit rating and cap rate profile covers it. This page is about the inventory: what is on the market, what it is asking, how the pricing breaks down by term, state and lease type, and how a buyer, especially a 1031 exchange buyer, should work through it.

TJ Maxx NNN Properties For Sale: Latest Listings

Up to twelve of the most recently listed single-tenant TJ Maxx properties with published pricing. Open any listing and register for full property data, including the address, location map and an IG summary with due diligence questions.

Showing the 3 most recently listed of 5 observed listings; listings without a published asking price and cap rate are not shown here.

Search all 5 Tj Maxx properties on the market

Market observations aggregated from listing broker materials; not offerings by Investment Grade Income Property, LP. Asking price, cap rate and NOI as published by the listing party. Information deemed reliable but not guaranteed. Verify all figures before relying on them.

What You Are Actually Buying

TJ Maxx does not franchise. Every store is operated by The TJX Companies, and the lease is signed by TJX or its operating division, so the tenant on a TJ Maxx listing is the parent retailer rather than a local operator. That removes operator risk from the underwriting and puts the analysis on TJX corporate credit and on the real estate itself. Because TJX also runs Marshalls, HomeGoods and Sierra, one landlord often holds more than one TJX banner in a center, and many leases let the company swap banners within the space without landlord consent, so the name on the sign can change while the credit stays the same.

The prototype is a junior anchor or inline box of roughly 20,000 to 30,000 square feet in a power center or grocery-anchored center. TJX rarely occupies freestanding buildings, so most listings are either a multi-tenant center with TJ Maxx as an anchor or a single box carved out of one through a condominium or parcel split. Initial terms commonly run ten years with several five-year options, and rent is often flat within each term with a step at renewal. Many TJX leases are NN rather than absolute NNN: the landlord keeps roof, structure and sometimes parking lot replacement, and CAM caps, co-tenancy clauses and exclusives are common.

Across the current inventory, roughly 0% of listings with a reported build year were delivered in the last four years, and about 20% are marketed as NN, NN+ or simply Net, which usually means the landlord retains roof and structure and sometimes parking and HVAC. Read the lease rather than the brochure headline. If the rating framework behind investment grade tenancy is unfamiliar, the investment grade guide explains it.

TJ Maxx Cap Rate, Price and Term Distribution

These tables are generated from the live inventory and refresh every few hours. Use them to place any individual listing in context rather than judging an asking cap rate in isolation.

How to read the pricing

The spread inside the TJ Maxx inventory runs from 5.85% to 9.14%, against a median of 7.25%. Three variables help explain much of that spread, although these tables describe asking prices and do not isolate any single effect. First, remaining term, shown in the term table above. Second, geography, shown in the state table below. Third, lease structure and real estate quality: longer terms, stronger guarantors, absolute NNN structures and strong access generally ask lower cap rates, while leases with landlord responsibilities (NN) and secondary access generally ask higher ones; ground leases can price on either side, depending on rent and land value. When a listing sits far outside the band its term and state would predict, there is usually a reason in the lease, and it is worth finding before you write the offer rather than after.

Where TJ Maxx NNN Properties Are For Sale

Current inventory spans 4 states. Differences between states in the table below can reflect local buyer demand, growth, taxes and the mix of lease terms in each state’s listings as much as anything about the tenant, and small state samples can shift quickly.

TJ Maxx as a 1031 Exchange Replacement Property

The median asking price in the current TJ Maxx inventory is $16.25M, and about 0% of listings fall in the middle of the market between 1.5 and 3.5 million dollars. Whether that fits an exchange depends on the equity coming out of the relinquished property and on the debt you need to replace.

• Identify from the live list, not a stale one. Listings move. Identify two or three specific properties under the three-property rule and keep a backup that is realistically still available.
• Debt replacement is the trap. If the relinquished property carried a mortgage, you must replace that debt or add cash to fully defer gain. Where lender pricing sits above the asking cap rate, financed acquisitions run negative leverage. Run your own debt numbers before you identify.
• Term should match your hold. If you plan to hold through the next exchange or pass the asset to heirs, prioritize term and options over 25 basis points of cap rate.
• Certainty of closing matters more than price. A clean estoppel, a current lease and no pending relocation are worth paying for on a 45-day clock.

For identification mechanics, timelines and the NNN, DST and UPREIT alternatives, see the 1031 exchange into investment grade property guide.

TJ Maxx NNN Due Diligence Checklist

These are the items that change the value of a TJ Maxx listing and are rarely resolved by the offering memorandum.

• Roof and structure responsibility. Most TJX leases leave roof, structure and often parking lot replacement with the landlord and cap CAM recoveries. Price a reserve for a 25,000-square-foot roof rather than assuming absolute NNN economics.
• Co-tenancy and go-dark rights. Check whether rent drops to percentage rent or the tenant may terminate if a named anchor closes or occupancy falls below a threshold, and whether TJX may go dark while continuing to pay rent.
• Option rents and escalation timing. Rent is frequently flat through the ten-year primary term with increases only at option exercise. Confirm the option rent schedule, because a flat decade materially changes yield on cost over the hold.
• Banner substitution and assignment. Verify whether TJX can convert the store to Marshalls, HomeGoods or Sierra or assign the lease to an affiliate without consent, and how a 20,000 to 30,000-square-foot box would re-let if it did.

How Investment Grade Works With TJ Maxx Buyers

Investment Grade Income Property, LP is a licensed commercial real estate brokerage providing national advisory on acquisitions and dispositions of net lease property, with Broker of Record co-listing partnerships in all 50 states. On a TJ Maxx acquisition we screen the live inventory against your criteria, pull the lease abstract behind any listing you want to pursue, benchmark the asking cap rate against the distribution above, and negotiate on your side of the table through closing. On most transactions there is no separate fee to the buyer because compensation is paid from the transaction by the listing side. Where that is not the case we disclose it in writing before you engage.

Owners of existing TJ Maxx properties can use this page as a valuation benchmark. If you are weighing a sale, an off-market disposition to a qualified 1031 buyer often closes faster and with less retrading than a broad marketing process.

Frequently Asked Questions

• TJ Maxx Credit Rating and NNN Cap Rate Profile
• NNN Cap Rates 2026: Tenant by Tenant Benchmarks
• 1031 Exchange Into Investment Grade Property
• Investment Grade Credit Tenant Ratings
• Search All Observed NNN Listings