Corporate Guarantee Harbor Freight

- Nationally credited tenant with a B1 Stable Moody’s score

The Offering

·     A 2019 renovated 16,376 square foot freestanding building on a 2.64-acre lot leased to HARBOR FREIGHT TOOLS in Albuquerque, NM until April 30th.

·     Price: $2,502,031 - 6.25% Cap rate

·     5% Annual NN increase cap

·     Owner financing is available

Lease/Tenant

·     2019 renovated Harbor Freight Tools

·     Over 1,400 locations in the United States

NN lease structure

·     Lease at $11 PSF: below market rents

·     Corporate guarantee lease

Real Estate / Area Strengths

·     Freestanding 16,376 SF with Harbor Freight Tools

·     2.64 acre lot with large pylon sign

·     On-site ATM

·     In a high retail trafficked corridor with national co-tenancy including Burlington, Ross Dress for Less, Conn’s, Home Plus, Five Below, Starbucks, etc