|Last Updated Date||31 Jan 2020|
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.
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.
Director, Capital Markets
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