Miscellaneous
Harbor Freight
1911 S 1st St, Yakima, WA 98903
Listing Price: $4,200,000
Investment Overview
Harbor Freight presents an exceptional net-leased investment opportunity featuring a 15,166-square-foot building situated on a 1.79-acre parcel in the heart of Yakima, Washington. Constructed in 2015, the property is secured by a triple-net (NNN) lease structure that minimizes landlord responsibilities and provides stable, passive income. The lease was recently extended through 2030 and includes five additional five-year extension options, demonstrating the tenant’s long-term commitment to the location. Harbor Freight, America’s leading tool retailer serving more than 75 million customers nationwide, operates one of its strongest-performing stores at this site, ranking in the top 8% nationally, #4 in the state of Washington, and #1 in Eastern Washington. Strategically positioned within a high-traffic retail corridor, the property benefits from strong consumer draw and complementary co-tenancy, including shadow anchors Goodwill and Dollar Tree, along with numerous national and regional retailers nearby.
Harbor Freight
Investment Highlights
- This location ranks in the top 8% of Harbor Freight stores nationwide. It is also the #4 performing store in Washington and #1 in Eastern Washington.
- The lease was recently extended through 2030, demonstrating the tenant's commitment to the site. Investors benefit from five additional five-year renewal options.
- Structured as a triple-net (NNN) lease, the property offers minimal landlord responsibilities. This creates a stable and passive investment opportunity.
- The property is strategically positioned within a high-traffic retail corridor. Shadow anchors Goodwill and Dollar Tree, along with numerous nearby retailers, drive strong customer traffic to the area.
Exclusively Listed By
Broker of Record
-
Joel Andrew Deis
Senior Managing Director, Market Leader- Washington
Listing Price: $4,200,000
Investment Highlights
- This location ranks in the top 8% of Harbor Freight stores nationwide. It is also the #4 performing store in Washington and #1 in Eastern Washington.
- The lease was recently extended through 2030, demonstrating the tenant's commitment to the site. Investors benefit from five additional five-year renewal options.
- Structured as a triple-net (NNN) lease, the property offers minimal landlord responsibilities. This creates a stable and passive investment opportunity.
- The property is strategically positioned within a high-traffic retail corridor. Shadow anchors Goodwill and Dollar Tree, along with numerous nearby retailers, drive strong customer traffic to the area.
Investment Overview
Harbor Freight presents an exceptional net-leased investment opportunity featuring a 15,166-square-foot building situated on a 1.79-acre parcel in the heart of Yakima, Washington. Constructed in 2015, the property is secured by a triple-net (NNN) lease structure that minimizes landlord responsibilities and provides stable, passive income. The lease was recently extended through 2030 and includes five additional five-year extension options, demonstrating the tenant’s long-term commitment to the location. Harbor Freight, America’s leading tool retailer serving more than 75 million customers nationwide, operates one of its strongest-performing stores at this site, ranking in the top 8% nationally, #4 in the state of Washington, and #1 in Eastern Washington. Strategically positioned within a high-traffic retail corridor, the property benefits from strong consumer draw and complementary co-tenancy, including shadow anchors Goodwill and Dollar Tree, along with numerous national and regional retailers nearby.
Exclusively Listed By
Broker of Record
-
Joel Andrew Deis
Senior Managing Director, Market Leader- Washington
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