CSL Plasma & Harbor Freight

Description:

HARBOR FREIGHT TOOLS:
• Income Tax Free State: Located in the 2nd Largest City in South Dakota with a population of ±78,000 residents.
• Strong Retail Synergy: Nearby Retailers Include Walmart Supercenter, Target, Sam’s Club, Scheels, Fleet Farm, Starbucks, Panera Bread, Olive Garden and more. In proximity to The Monument Convention Center & Rushmore Mall – 680,000 SF Regional Mall.
• Tourist Destination: Top attractions include Mount Rushmore National Memorial, Crazy Horse Memorial, Badlands National Park, Terry Peak Ski Area, Dahl Arts Center, Bear Country, Reptile Gardens, and many more.
• Recent Lease Renewal and Improvements: HFT recently extended the Primary Term for an additional five years, with Four, 5-Year options remaining showing commitment to the site. $19,000 of improvements were made to the parking lot, priming this opportunity as a turnkey investment.
• Industry Leader with Rapid Expansion: Harbor Freight Tools has achieved recognition as one of Fortune’s Top Ten Best Workplaces in Retail for 2023, solidifying its position as a premier employer in the retail sector. As one of the fastest-growing retailers, Harbor Freight Tools continues to expand its footprint with over 28,000 dedicated Associates and a network of more than 1,400 stores nationwide, with new locations opening weekly.
• Innovation and Growth: Demonstrating a commitment to product development and market expansion, the company introduced over 500 new tools and products in 2022 while opening 122 new stores.

CSL PLASMA:
• Long Term Lease: CSL Plasma has 10 Years remaining on the lease.
• Strong Revenue: CSL reported revenue of $13.3 billion for fiscal year 2023, an increase of 26%. At constant currencies, CSL’s sales came to $13.8 billion for a 31% boost, which includes $2.0 billion of revenue attributable to Vifor over 11 months since the completion of the buyout.
• Investment Grade Credit: CSL Plasma is a subsidiary of a publicly traded global biopharmaceutical company with over 315 locations.
• Government Awarded Contract: CSL was recently selected by HHS to complete the process of pre-pandemic vaccine for the US Government in 2024.
• Global Demand: With the rapid surge in immune disorders, neurological disorders, and rare diseases, global demand has been increasing significantly and the global plasma market is forecast to reach $45.7 billion by 2027, up from $33.2 billion in 2022

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