Harbor Freight

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Price:

CAP Rate:

NOI:

Year Built / Renovated:

Rentable SF:

Lot Size:

$2,872,000

6.50%

186,675

2021

15,500

1.87 acres

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

For more information:

Robert Schmidt, CCIM
Director & Shareholder
(864) 678-5995
Peter Couchell, CCIM
Managing Director & Shareholder
(864) 678-5923
Lawrence Myers
Associate
864-313-2817

Property Summary

Property Type:

Retail

Lot Size:

1.87 Acres

Year Built:

2021

Buildings:

1

Stories:

1

Investment Summary

CAP Rate:

6.50%

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Confidentiality Agreement Form


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Confidentiality Agreement
This Confidentiality Agreement will confirm the mutual understandings of the Undersigned and Owner of Record in connection with NAI Earle Furman, LLC, dba Furman Capital Advisors, LLC and its client (hereinafter referred to as "Protected Parties") providing proprietary information on the requested property (hereinafter called the “Property”) to the Undersigned:

“Information” means all data, reports, records, materials, lease expirations, lease rates or other lease information obtained from Furman Capital Advisors, LLC which is not in the public domain. Information is not meant to include information which: a) at the time of the disclosure is in the public domain; b) after disclosure becomes part of the public domain through no act or omission by the undersigned; c) as shown by written records was prior to disclosure in the possession of the undersigned; d) is rightfully received by the undersigned from third parties who were entitled to receive such information; or e) is obligated to be disclosed pursuant to applicable law, regulation or legal process.

The information is being furnished solely in connection with the consideration of a potential transaction involving the undersigned and shall be treated as “secret” and “confidential” and no portion of it shall be disclosed to others, except to those employees, agents, clients, and customers of the undersigned whose knowledge of the Information is required for use to evaluate that certain real estate as a potential acquisition and who shall assume the same obligations as the undersigned under this Agreement.

It is understood that the Protected Parties are the beneficiaries whose rights are being protected and may enforce the terms of this Confidentiality Agreement as if they were a party to the Agreement.

All information furnished shall be promptly returned or destroyed should there be no interest in that certain real estate acquisition, or otherwise disposed of as directed by the Protected Parties.

It is understood that the Protected Parties makes no representations or warranty as to the completeness or accuracy as to any information.

It is understood that by furnishing this information that the Protected Parties are not agreeing to enter into a transaction regarding the property.

By electronically signing, you represent and warrant to the other parties that (a) You have read, understand and consent to the agreement (“Agreement), (b) all information that you provide is complete and accurate, and (c) you own or have all rights and authority necessary to enter into and perform under the Agreement.

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