Available For Sale - Retail

22,548 SF | Show Pricing $

AVAILABILITY DETAILS

Size
22,548 SF
Price/SF
Show Pricing $
Listing ID
SA435467
Notes
DESCRIPTION

This offering includes a Harbor Freight and Little Caesars, both of which have over eight (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.



Both lease structures are double net (NN), with some landlord responsibilities.



Harbor Freight’s lease provides for six (6) five (5) year options, and Little Caesars’ lease provides for three (3), five (5) year options.



Harbor Freight’s lease provides for approximately 6% rental increases every five (5) years, including at the start of each option period. Little Caesars’ lease provides for 10% rental increases at the start of each option.



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.
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Ian Schroeder, CBRE