Harbor Freight & Tools - New 10-Year Lease

389 W. Belmont Drive Calhoun, GA 30701

FOR SALE
Property Type:
Street Retail
Amount:
$3,477,000
Last Verified:
Jul 15, 2022


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


Year Built: 2001
Building Size: 20500sq ft
Lot Size: 2.2 acres

Map of 389 W. Belmont Drive, Calhoun, GA, 30701

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