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Harbor Freight Tools | Alhambra, CA 1200 W Valley Blvd 25,802 SF Retail Building Alhambra, CA 91803 $8,333,000 ($322.96/SF) 6% Cap Rate
Investment Highlights
- Single-Tenant Harbor Freight Tools: 12-year initial lease term; approximately 8.5 years remaining
- Harbor Freight Tools is one of the nation’s fastest growing retailers, with more than 1,600 stores across the country
- Excellent Accessibility and Visibility at the Signalized Intersection of Valley Boulevard and Atlantic Boulevard (75,000 Cars Per Day)
- 10% increase (February 2029) and in each of the four 5-year options
- Significant Capital Improvements; Low Maintenance Investment
- Close Freeway Proximity: The subject property is located less than half a mile from Interstate 10 (230,000 Cars Per Day)
Executive Summary
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- May 2032
Harbor Freight Tools began as a mail-order tool business in Southern California in 1977 and has since expanded into a retail and e-commerce company serving customers across the United States. The company sells a wide assortment of tools and equipment, including automotive products, hand tools, power tools, storage solutions, outdoor power equipment, generators, welding supplies, and shop equipment. Harbor Freight has built its business around value-focused sourcing and direct retail distribution, with stores supported by online shopping and customer support services. The business remains centered on serving DIY users, tradespeople, and other customers who need practical tools and equipment for everyday projects.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | May 2032 |
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $3,050,972 | |
| Land Assessment | $3,183,623 | Total Assessment | $6,234,595 |
Property Taxes
