Eastgate Shopping Center 1209-1225 E Santa Fe St 65,976 SF 100% Leased Retail Building Olathe, KS 66061 $4,900,000 ($74.27/SF) 8% Cap Rate

Harbor Freight Tools is a privately held discount tool and equipment retailer founded in 1977 by Eric Smidt and Allan Smidt. Headquartered in Calabasas, California, the company began as a mail-order business and opened its first retail store in 1980. Harbor Freight operates over 1,600 stores across 48 states and employs more than 30,000 people. The retailer offers a wide range of products, including hand tools, power tools, automotive equipment, generators, and shop supplies, marketed under proprietary brands such as Pittsburgh, Bauer, Hercules, and U.S. General. Harbor Freight’s business model focuses on direct sourcing from manufacturers to reduce costs and provide tools at prices significantly lower than competitors. The company also maintains a strong e-commerce presence and offers financing options, loyalty programs, and extended service plans. Harbor Freight remains family-owned and is recognized for its commitment to affordability and value in the tool retail industry.

The Salvation Army is a global charitable organization and evangelical movement dedicated to providing social services and humanitarian aid. Founded in 1865 in London, the organization operates in more than 130 countries, offering programs that address poverty, homelessness, addiction recovery, disaster relief, and community development. Its services include emergency shelters, food distribution, rehabilitation centers, and youth programs, as well as spiritual support through its network of corps and community centers. The Salvation Army also runs thrift stores and donation programs to fund its initiatives and assist individuals in need. Headquartered in Rancho Palos Verdes, California, for its Western Territory operations, the organization functions as part of an international structure governed by The Salvation Army International Headquarters in London. It is recognized for its rapid response to natural disasters and crises, providing essential resources and emotional care to affected communities. The Salvation Army is a nonprofit entity supported by donations, volunteers, and partnerships with local and national organizations.