Retail    

Harbor Freight Tools

 Danville, IL

Asking Price

$1,914,815

Cap Rate

6.75%

Icons_YrBuilt-Hammer-Icon

Year Built

1997

Icons_BuildSize-SqFt-Icon

Building Size

23,500 SF

Icons-Acreage

Lot Size

1.56 AC

Icons_Growth

Rental Increases

10% Every 5 Years

Icon_Clock-01

LTR

8+ Years

For more details on this exclusive listing

DOWNLOAD OM

By submitting the form, you agree to the terms and conditions of our Confidential Disclaimer.

INVESTMENT HIGHLIGHTS

  • Long-Term, Net Lease | with Harbor Freight at Very Low Rent ($5.50/SF)
  • Attractive Rent Escalations | with a Corp Guaranty
  • Low Price/SF | $81.48 at List Price - Less than 50% of Replacement Cost
  • High Residual Value | with Replaceable Rent
  • Retail Corridor | with Proximity to Danville Village Mall
  • Excellent Access and Visibility on Primary Thruway | with Strong Demographics

Exclusively Listed By

Isaiah Harf

Regional Managing Director
  iharf@northmarq.com      +1 773.963.2637
Illinois Broker #471019332

BJ Feller

Senior Vice President & Managing Director
  bfeller@northmarq.com   

Christian Tremblay

Vice President
  ctremblay@northmarq.com   

Mark Lovering

Associate Vice President
  mlovering@northmarq.com   

Jack Collins

Senior Associate
  jcollins@northmarq.com   

Josh Dicker

Associate
  jdicker@northmarq.com   

Robin Borgeson

Associate
  rborgeson@northmarq.com   

Russell Freeman

Analyst
  rfreeman@northmarq.com   

Sam Ray

Analyst
  sray@northmarq.com   

Northmarq

303 E Wacker Dr | Suite 1111
Chicago, Illinois 60601


northmarq.com

©2024 Northmarq
Privacy Policy Terms & Conditions