1518 Tallahassee Hwy Bainbridge, GA 39819
NNN leased Harbor Freight with long term and rent escalations.
Property size:
15,500 SFLot size:
1.87 AcresProperty Features for 1518 Tallahassee Hwy
General Information
- Size
- 15,500 SF
- Lot size
- 1.87 Acres
Source:
Moodyscre
Listing Agent: Robert Schmidt
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Harbor Freight Investment Opportunity
This property offers a low-maintenance investment opportunity due to its NN+ lease structure, which places minimal obligations on the landlord. The lease is corporately guaranteed by Harbor Freight, a large and rapidly expanding tool retailer in America, with over 1,600 stores across 48 states. Approximately 6.33 years remain on the primary lease term, with an additional 25 years available through option periods, offering investors long-term stability. The lease includes 10% rent increases at the start of each 5-year option period, providing protection against inflation. The property contains 15,500 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Harbor Freight Tools
Hardware Store
Location Insight
- Map
- Local Demand
- City
- Bainbridge
- County
- Decatur
- State
- Georgia
- Longitude
- -84.56543
- Latitude
- 30.883641
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FAQs
What type of property is this?
Retail space - NNN leased Harbor Freight with long term and rent escalations.
Where is this retail space located?
The property is located at 1518 Tallahassee Hwy Bainbridge, GA.
What is the asking price?
The asking price for this property is $2,766,000.
What are key features of this property?
This property features: - Corporate Harbor Freight Lease: Guaranteed by a major national retailer with over 1,600 stores.; - Long-Term Stability: Approximately 6.33 years remaining on the primary lease term, with options for an additional 25 years, providing investors long-term stability.; - NN+ lease structure ensures minimal landlord responsibilities, offering a low-maintenance investment.