Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1976
Building Area
Occupancy 100.0 %

Property Description

The entity on the lease is Harbor Freight Tools USA, Inc. The tenant has executed a 15-year NNN lease through July 2032 with a 10% increase in year 11. Tenant also has four (4), five (5) year options with 10% increase every five years. This rare investment opportunity provides long term, passive cash flow with limited landlord responsibilities.

Investment Highlights

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to exclusively present an outstanding opportunity to purchase the fee simple interest in a recently leased 22,297 square-foot Harbor Freight. Harbor Freight Tools is a national retailer that specializes in the sale of high-quality tools and accessories at low price points.
Last Updated Date: 08 Sep 2020
Daniel Tyner
Daniel Tyner
Director, Capital Markets
License details
CA-01959818

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Last Updated Date: 08 Sep 2020

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