Minimal Landlord Responsibilities: This NN+ lease structure places minimal obligations on the landlord, providing a low-maintenance and hassle-free investment opportunity
Corporate Harbor Freight Lease: The lease is corporately guaranteed by Harbor Freight, one of America’s largest and fastest growing tool retailers, with over 1,600 stores across 48 states
Lease Term: Approximately 6.33 years remain on the primary lease term, with an additional 25 years available through option periods, offering investors long-term stability
Inflation-Hedging Rent Escalations: The lease includes 10% rent increases at the start of each 5-year option period, providing strong protection against inflation
Top 10 Workplace: Harbor Freight, employing over 28,000 associates, was recognized by Fortune as one of the Top 10 Best Workplaces in Retail in both 2023 and 2024, making them the only tool retailer to earn this distinction
Strong Retail Corridor: Situated directly on the 4-lane Tallahassee Highway, the property is surrounded by national retailers and traffic generators including Walmart, Chick-fil-A, Publix, Home Depot, Tractor Supply, and more
Downtown of the Year: Bainbridge’s historic and charming downtown was named “Downtown of the Year” in 2024 by the Georgia Downtown Association, further enhancing the area’s appeal