Harbor Freight Tools NNN
For Sale
Contact for pricing
1400 Oak St, Kenova, WV 25530
Build-to-suit retail property leased to Harbor Freight Tools under a long-term NN lease.
Property SizeContact for details
Days on Market141
Property Features for 1400 Oak St
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Northmarq Capital, LLC
Listed By:
Jason Powell · License #GA 313490
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 12:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq Capital, LLC
Investment Insights
Based on property information with market context.
This NNN retail property at 1400 Oak St in Kenova, West Virginia, was developed as a new build-to-suit for Harbor Freight Tools. The standalone store uses the retailer’s current prototype design and operates under an NN lease with limited landlord responsibilities.
The lease has 14 years of primary term remaining from an original 15-year term, along with 10% rent increases every 5 years. Five additional renewal options, each lasting five years, are included. The store serves as Kenova’s primary home improvement retailer and is the only Harbor Freight Tools location within 20+ miles.
The property recorded approximately 226.9K visits during the past 12 months, placing it in the Top 15% of home improvement stores in West Virginia and nationwide. That visit count is nearly three times the reported annual visits for Ace Hardware in Kenova, which recorded 87K visits.
The lease has 14 years of primary term remaining from an original 15-year term, along with 10% rent increases every 5 years. Five additional renewal options, each lasting five years, are included. The store serves as Kenova’s primary home improvement retailer and is the only Harbor Freight Tools location within 20+ miles.
The property recorded approximately 226.9K visits during the past 12 months, placing it in the Top 15% of home improvement stores in West Virginia and nationwide. That visit count is nearly three times the reported annual visits for Ace Hardware in Kenova, which recorded 87K visits.
Key Highlights
- 14 years of primary lease term remain on the original 15‑year lease
- 10% rent increases occur every 5 years during the base term and renewal periods
- Five 5‑year renewal options are included
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
266
Businesses Nearby
43k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Home Improvements & Furnishings 33%
Shops & Services 32%
Dining 19%
Groceries 16%
Harbor Freight Tools
Home Improvements & Furnishings
14,235 visits/mo
0.1 miles
Burger King
Dining
8,190 visits/mo
0.4 miles
Dollar General
Shops & Services
7,948 visits/mo
0.0 miles
Save-A-Lot
Groceries
6,983 visits/mo
0.2 miles
BP
Shops & Services
4,711 visits/mo
0.3 miles
Demographics for 25530, WV
5,721
Population
3,000
Households
1.9
Avg Household Size
44
Median Age
21%
College-Educated
94%
High-School Grad
14.9 sq mi
ZIP Area
384
Density / Sq Mi
$68,048
Median Household Income
$32,261
Median Earnings
$817
Median Rent
$144,400
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Build-to-suit retail property leased to Harbor Freight Tools under a long-term NN lease.
Where is this nnn property located?
The property is located at 1400 Oak St Kenova, WV.
What are key features of this property?
This property features: 14 years of primary lease term remain on the original 15‑year lease; 10% rent increases occur every 5 years during the base term and renewal periods; Five 5‑year renewal options are included
