Price $9,710,000 | Built/Renov 2000/2022 | Tenant Harbor Freight |
Cap Rate 5.15% | Lease Type
NN+ | Guarantor Corporate |
Size/SF
28,502
| Lease Start
01-18-2023
| #Units
1,451
|
Price/SF $340.68 | Expiration
01-31-2035
| Tenant Type General Retail |
NOI $500,000 | R. Term 11.1 | Ownership Fee Simple |
Rent/SF
$17.54
| Increases 10.0%/5/yrs | Pop 5Mi 767,799 |
Lot/AC 1.43 | Options 4/5yrs/10% | AHHI 5Mi $102,930 |
| |
This Harbor Freight is positioned with excellent visibility and accessibility, at the signalized intersection of Valley Boulevard and Atlantic Boulevard (75,000 VPD). Valley Boulevard is one of the primary retail corridors in the area, with surrounding tenants such as Bank of America, Big 5 Sporting Goods, Big Lots, Chase Bank, Dollar Tree, McDonald’s, and more, creating a strong consumer draw...
...Recent renovation
Hard corner intersection
Near major nationals
Freeway close
Dense 200M+ pop 5 mi
Top 100 MSA
Brand new lease
Long 10+ yr lease
Favorable NN+ lease
Corporate Guarantee
Harbor Freight Tools (aka Harbor Freight) is a privately held tool and equipment retailer, which operates a chain of stores, as well as an e-commerce business. The chain offers more than 7,000...
1 Miles | 3 Miles | 5 Miles | |
2028 Total Population : | 35,949 | 263,961 | 729,047 |
2023 Total Population : | 36,388 | 267,950 | 734,658 |
2023 Employed Civilian Pop : | 17,724 | 127,036 | 341,599 |
2023 Total Businesses : | 2,100 | 11,502 | 32,455 |
2023 Average Household Income : | $ 95,378 | $ 113,007 | $ 110,765 |
2023 Total Consumer Spending : | $ 1027 M | $ 8657 M | $ 23012 M |
2023 Median Age : | 42 | 41 | 37 |
2023 Total Households : | 12,674 | 90,550 | 243,888 |
2023 Pop Age 25+: Bachelor's Degree : | 7,116 | 49,183 | 114,805 |
2023 Average Home Value : | $ 855,154 | $ 952,132 | $ 948,466 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
W Valley Blvd | Edith Ave | 2014 | 27,866 | 0.03 mi |
S Atlantic Blvd | W Norwood Pl | 2009 | 43,500 | 0.11 mi |
W Shorb St | Edith Ave | 2009 | 3,600 | 0.12 mi |
S Atlantic Blvd | W Shorb St | 2014 | 34,033 | 0.13 mi |
S Marguerita Ave | W Valley Blvd | 2009 | 2,200 | 0.14 mi |
S Atlantic Blvd | W Glendon Way | 2014 | 43,456 | 0.21 mi |
W Valley Blvd | S 8th St | 2009 | 27,100 | 0.22 mi |
W Valley Blvd | Benito Ave | 2009 | 26,800 | 0.25 mi |
W Norwood Pl | S 8th St | 2009 | 1,300 | 0.25 mi |
S 8th St | W Shorb St | 2014 | 1,525 | 0.26 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]