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| Price $1,175,000 | Built/Renov 1973 | Tenant Harbor Freight |
| Cap Rate 6.81% | Lease Type
NN+ | Guarantor Corp Rated |
| Size/SF
19,663
| Lease Start
05-15-2023
| #Units
1,500
|
| Price/SF $59.76 | Expiration
05-31-2033
| Tenant Type General Retail |
| NOI $80,000 | R. Term 8.8 | Ownership Fee Simple |
| Rent/SF
$4.07
| Increases 10.0%/10/yrs | Pop 5Mi 16,399 |
| Lot/AC 1.37 | Options 5/5yrs/10% | AHHI 5Mi $73,169 |
| | |
This 19,663 SF Harbor Freight is part of the Village Mall Shopping Center and is easily accessible from Eisenhower Avenue and 10th Street (K-156) with nearly 10,000 vehicles passing per day. Located within a dense retail corridor, nearby major national tenants include Walgreens, Sonic, Burger King, Dollar Tree, Tractor Supply Co., Walmart, Taco Bell, Arby’s, Dillon’s, O’Reilly Auto Parts,...
...Recent building upgrades
Dense retail corridor
Near major nationals
Highway location
Strong tenant synergy
Brand new lease
Long 10+ yr lease
Favorable NN+ lease
Corporate Guarantee
Harbor Freight Tools (aka Harbor Freight) is a privately held tool and equipment retailer, which operates a chain of stores, as well as an e-commerce business. The chain offers more than 7,000...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 3,379 | 14,456 | 16,068 |
| 2023 Total Population : | 3,443 | 14,747 | 16,419 |
| 2023 Employed Civilian Pop : | 1,778 | 7,222 | 8,257 |
| 2023 Total Businesses : | 323 | 1,002 | 1,113 |
| 2023 Average Household Income : | $ 67,025 | $ 69,518 | $ 70,735 |
| 2023 Total Consumer Spending : | $ 93 M | $ 380 M | $ 427 M |
| 2023 Median Age : | 46 | 39 | 40 |
| 2023 Total Households : | 1,579 | 6,227 | 6,878 |
| 2023 Pop Age 25+: Bachelor's Degree : | 560 | 1,748 | 1,806 |
| 2023 Average Home Value : | $ 164,990 | $ 146,902 | $ 148,975 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| 10th Street | McKinley St | 2021 | 9,580 | 0.12 mi |
| 10th Street | Sheridan St | 2018 | 10,200 | 0.13 mi |
| State Hwy 96 | Lakin Ave | 2018 | 2,920 | 0.27 mi |
| NW 10 Rd | 2021 | 2,730 | 0.28 mi | |
| 10th Street | Monroe St | 2021 | 12,000 | 0.31 mi |
| US 56;KS 156 | Macarthur Rd | 2021 | 6,170 | 0.36 mi |
| 10th Street | Taft St | 2018 | 12,800 | 0.38 mi |
| State Hwy 96 | Broadway Ave | 2018 | 2,920 | 0.41 mi |
| 10th St | Macarthur Rd | 2018 | 6,590 | 0.44 mi |
| Broadway Avenue | Hoover St | 2021 | 5,024 | 0.47 mi |
Harrisonburg, VA
Cap Rate 7.00%
Lease Abs NNN
R. Term 2.11 yrs
Size/SF 2,275
Janesville, WI
Cap Rate 7.50%
Lease Double NN
R. Term 2.00 yrs
Size/SF 18,900
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
