$4,995,000 USD
818-259-0476
1900 Howe Ave
Sacramento, CA 95825
Outer Arden-Arcade
HIGHLIGHTS
- This property is occupied by Harbor Freight Tools, a nationally recognized retailer known for its operational stability.
- Harbor Freight Tools’ decision to extend its lease underscores its long-term commitment to this location and confidence in the trade area.
- The lease is backed by Harbor Freight Tools, a national chain with over 1,600 locations across the U.S.
- Harbor Freight Tools value-driven business model offers competitively priced products that maintain strong consumer demand even during downturns.
- The NN lease structure limits landlord responsibilities, making this an ideal hands-off investment for those seeking simplicity.
- The current rent being paid is $0.85 psf. NNN, significantly below new leases being signed in the area.
FOR SALE DETAILS
PRICE
$4,995,000 USD
PRICE/SF
$217 USD /SF
CAP RATE
5.17%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Harbor Freight Tools
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1995
SPRINKLERS
-
PARKING SPACES
104
LAND DETAILS
LAND ACRES
1.28 AC
LAND SF
55,756 SF
ZONING
Z00
APN/PARCEL ID
278-0172-067
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818-259-0476
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818-259-0476
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