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Virtual Drive-By

Harbor Freight NN

2275 Crowne Point Drive · Cincinnati, OH 45241 · Specialty Retail

Asking price
$5,612,000
Cap rate
7.50%
NOI
$420,900

Need financing on this deal

We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease typeNN
Term remaining10.0 yrs
Expiration11/2035
Rent bumps2% Annually
OptionsTwo, 5-Year
Ground leaseNo
Credit profile—
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF22,460
Price / SF$250
Year built2023
Lot size1.60 ac
TypeStorefront
Days on market2

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

• New 2023 construction

• Desirable lease term | 10 years remaining

• Corporate lease | Northern Tool & Equipment Company, Inc. | 140 locations across the US

• Great visibility from I-75 | 132,250 VPD

• Located inside of dense retail corridor | 4M SF within a 2-mile radius

• Large parcel | 1.60 acres

• Attractive population density within a 5-mile radius | 154,193 residents

• Large industrial presence nearby | 8.1M SF of space within a 1-mile radius

• Affluent surrounding area | $197,488 average household income within a 1-mile radius

• 15 minutes from TriHealth Bethesda North Hospital | 400 beds

• 10 miles from Xavier University | 6,000 students

• 1 mile from Princeton High School | 1,700 students

• Adjacent to Ford Motor Company Sharonville Transmission Plant | 1,600 employees | 41K SF

• 5 minutes from The Gorilla Glue Company and GE Aerospace headquarters | Major employment hubs drawing a significant daily workforce

• Nearby destination retailers | Walmart Supercenter, Target, Kroger, Lowe’s, Sam’s Club, IKEA, Hobby Lobby, PetSmart, Outback Steakhouse, Olive Garden, First Watch, Chick-fil-A, Starbucks, Wendy’s, and more

• 25 minutes from Downtown Cincinnati, OH

Take the next step on this property

We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.

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Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.

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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.