Harbor Freight & Little Caesars

Retail-Commercial for Sale
Catylist Listing ID: 30618409
Property Subtypes: Free-Standing Building
Building Size (RSF): 22,548 SF
Gross Building Area: See Agent
Gross Land Area: 1.91 Acres
Sale Price: $3,210,717
Unit Price: $142.39 PSF
Has Drive-Thru? Yes
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Undisclosed
Cap Rate: 6.75%
Last Updated: 10/19/2020

Overview / Comments

The subject property is located in one of Roswell’s main retail corridors and is surrounded by many nationally recognized retailers including Walgreens, Target, Denny’s, Applebee’s, The Home Depot, Burger King and IHOP, among others.

Listing includes a Harbor Freights and Little Caesars, both which have over 8.7 years remaining on their lease terms.

Harbor Freight Tools serves 40 million customers at their 1,000+ locations nationwide through their extensive line of tools and equipment.

The Little Caesars franchisee is Vibe Restaurants. Vibe Restaurants has grown to become one of Little Caesars’ largest franchisees with 70 locations in 9 states. This location features a drive-thru window.

Current Tenants

Tenant Business Name Harbor Freight Tools
Industry Type Retail Trade
Is Renting? Yes
Tenant Business Name Little Caesar Enterprises
Industry Type Retail Trade
Is Renting? Yes

Additional Details

Nearest MSA: Roswell
County: Chaves
Tax ID/APN: 4136060027319000000
Retail Clientele: General, Family, Business, Traveler, Recreation
Property Visibility: Excellent
Largest Nearby Street: N Main Street
Traffic/Vehicle Count: 23,696
Airports: Roswell International Air Center
Total Number of Buildings: 1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,019 37,047 50,720
Median Age: 37.78 36.21 35.93
Households: 2,907 14,120 18,993

Contact

Photograph of Listing Agent

Jim P Dountas

CBRE, Inc.
CARNM CIE Member
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