Rent-A-Center

Rent-A-Center is a well-established retailer specializing in lease-to-own furniture, appliances, electronics, and computers, serving customers who prefer flexible payment options without relying on traditional credit. The company began in 1973 with a single store in Wichita, Kansas, and has since built a significant presence across North America. As of November 2025, Rent-A-Center operates approximately 1,800 company-owned stores throughout the United States, Puerto Rico, and Mexico, supported by a network of franchised locations. Its headquarters are located in Plano, Texas.

Over the past five years, Rent-A-Center has continued to evolve, investing in both its physical stores and digital capabilities. The company expanded into Mexico and launched an e-commerce platform, allowing customers to access lease-to-own options online as well as in-store. In February 2023, the parent company adopted the name Upbound Group, Inc., reflecting a broader corporate strategy while Rent-A-Center remains its flagship retail brand.

Today, Rent-A-Center focuses on selective expansion, particularly in underserved markets where demand for flexible payment solutions is strong. The company’s stores are commonly found in neighborhood shopping centers and urban corridors, offering a familiar retail format that adapts well to a variety of property types. Its ongoing investment in digital infrastructure supports a seamless omnichannel experience for customers, which has helped maintain steady growth and operational stability.

For commercial real estate stakeholders, Rent-A-Center stands out for its national scale, disciplined approach to new locations, and proven track record as a specialty retailer. Its continued investment in technology and commitment to operational excellence make it a reliable and adaptable tenant for a wide range of retail environments.