Miscellaneous

Harbor Freight Tools

1330 Clinton Rd, Fayetteville, NC 28312

Listing Price: $1,045,500

Cap Rate
8.00%
Tenant Name
Harbor Freight Tools USA Inc.
Years Remaining On Lease
7.4
Gross SF
14,850
Guarantor
Corporate Guarantee
Rentable SF
14,850
Price/Gross SF
$70.40
Lease Type
Gross Lease
Rent Per Square Feet
$6.98

Investment Overview

Harbor Freight Tools is a privately held discount tool and equipment retailer, headquartered in Calabasas, California, which operates a chain of retail stores, as well as a mail-order and e-commerce business. The company employs over 20,000 people in the United States and has 1,000 locations in 48 states.

Investment Highlights

  • 8 Years Remaining in Current Option Period - 5, 5 Year Options Remaining
  • Corporate Guarantee with Harbor Freight Tools
  • 62,995 Residents within a 5-Mile Radius - Growing Fayetteville Trade Area
  • Households and Population Projected to Increase Nearly 11% in Immediate Area Over the Next 5 Years
  • Visible to 14,000 Cars/Day Along Clinton Road, Direct Access to Downtown Fayetteville and the I-95 Freeway

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    License(s): NC: 303785

    North Carolina

Listing Price: $1,045,500

Cap Rate
8.00%
Tenant Name
Harbor Freight Tools USA Inc.
Years Remaining On Lease
7.4
Gross SF
14,850
Guarantor
Corporate Guarantee
Rentable SF
14,850
Price/Gross SF
$70.40
Lease Type
Gross Lease
Rent Per Square Feet
$6.98

Investment Highlights

  • 8 Years Remaining in Current Option Period - 5, 5 Year Options Remaining
  • Corporate Guarantee with Harbor Freight Tools
  • 62,995 Residents within a 5-Mile Radius - Growing Fayetteville Trade Area
  • Households and Population Projected to Increase Nearly 11% in Immediate Area Over the Next 5 Years
  • Visible to 14,000 Cars/Day Along Clinton Road, Direct Access to Downtown Fayetteville and the I-95 Freeway

Investment Overview

Harbor Freight Tools is a privately held discount tool and equipment retailer, headquartered in Calabasas, California, which operates a chain of retail stores, as well as a mail-order and e-commerce business. The company employs over 20,000 people in the United States and has 1,000 locations in 48 states.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    License(s): NC: 303785

    North Carolina

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