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| Price $1,763,486 | Built/Renov 1975/2018 | Tenant Harbor Freight |
| Cap Rate 7.00% | Lease Type
Double NN | Guarantor Corp Rated |
| Size/SF
20,568
| Lease Start
06-30-2022
| #Units
1,500
|
| Price/SF $85.74 | Expiration
06-30-2034
| Tenant Type General Retail |
| NOI $123,444 | R. Term 9.6 | Ownership Fee Simple |
| Rent/SF
$6.00
| Increases 7.5%/5/yrs | Pop 5Mi 171,738 |
| Lot/AC 1.52 | Options 3/5yrs/7.5% | AHHI 5Mi $67,403 |
| | |
The 20,568 square-foot property is located along Grand Ave (28,500 VPD), a primary east-west thoroughfare, and is immediately east of Highway 41 (37,900 VPD). Retailers in the trade corridor include Jewel-Osco, TCF Bank, Walgreens, Fifth Third Bank, Starbucks and McDonald’s. Gurnee is best known for being the location of Six Flags Great America and Gurnee Mills. Gurnee Mills is a 1,936,000...
...Signalized intersection
Major thoroughfare
Strategically located
Highway close
Dense 100M+ pop 5 mi
Top 100 MSA
Strong demographics
Recently extended lease
Long 10+ yr 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 | |
| 2027 Total Population : | 8,726 | 99,777 | 170,615 |
| 2022 Total Population : | 8,743 | 100,707 | 171,738 |
| 2022 Employed Civilian Pop : | 4,645 | 50,044 | 82,041 |
| 2022 Total Businesses : | 489 | 3,130 | 4,854 |
| 2022 Average Household Income : | $ 89,504 | $ 82,773 | $ 94,544 |
| 2022 Total Consumer Spending : | $ 246 M | $ 2514 M | $ 4716 M |
| 2022 Median Age : | 36 | 33 | 33 |
| 2022 Total Households : | 3,194 | 35,203 | 58,246 |
| 2022 Pop Age 25+: Bachelor's Degree : | 835 | 9,569 | 19,161 |
| 2022 Average Home Value : | $ 245,328 | $ 244,007 | $ 280,763 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Grand Ave | Blvd View St | 2009 | 15,300 | 0.06 mi |
| Grand Ave | Magnolia Ave | 2009 | 15,300 | 0.20 mi |
| Grand Ave | Lawrence Ave | 2009 | 15,300 | 0.20 mi |
| Pine Grove Ave | Grandview Ave | 2007 | 5,200 | 0.23 mi |
| Belle Plaine Ave | Grandville Ave | 2007 | 5,200 | 0.27 mi |
| Grandville Ave | Magnolia Ave | 2007 | 5,200 | 0.28 mi |
| Grand Ave | Waveland Ave | 2013 | 28,500 | 0.29 mi |
| Grand Ave | Oakwood Ave | 2013 | 28,500 | 0.31 mi |
| N Green Bay Rd | W Grandview Ave | 2013 | 33,000 | 0.35 mi |
| Old Grand Ave | Grand Ave | 2019 | 22,400 | 0.36 mi |
Lawrence, KS
Cap Rate 7.50%
Lease Double NN
R. Term 3.80 yrs
Size/SF 8,600
Goodlettsville, TN
Cap Rate 6.15%
Lease Double NN
R. Term 9.20 yrs
Size/SF 4,000
Danville, IL
Cap Rate 6.75%
Lease Double NN
R. Term 6.60 yrs
Size/SF 23,500
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
