Harbor Freight & Tools - New 10-Year Lease
$3,477,000
389 W. Belmont Drive, Calhoun, GA 30701
For Sale
Retail
Street Retail
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
Location
