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Harbor Freight & Tools - New 10-Year Lease

$3,477,000

389 W. Belmont Drive, Calhoun, GA 30701

Active
Last Updated: 11/03/2022

20,500 sqft

Building Size

2.2 acres

Lot Area

Details:
Building Size:    20,500 sqft
Lot Area:    2.2 acres
Occupancy:    100%
Year Built:    2001
Description:

- Corporate Guarantee from Harbor Freight Tools USA Inc. (Moody’s Ba3)
- High traffic retail corridor across from Walmart
- Exposure to 23,000 Vehicles per day on W. Belmont Drive
- Surrounded by a wide array of local, regional and national credit tenants
- New 10-year lease (former Office Depot)
- Five 5-year renewal options
- Limited landlord responsibilities
- Offered at $3,477,000 | 5.90% Cap Rate | $169 per SF


- High traffic retail corridor across from Walmart
- Exposure to 23,000 Vehicles per day on W. Belmont Drive
- Surrounded by a wide array of local, regional and national credit tenant
- Offered at $3,477,000 | 5.90% Cap Rate | $169 per SF

Map:
Location