304 E. Broadway Avenue · Moses Lake, WA 98837 · Specialty Retail
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ACRE Commercial is pleased to present the exclusive opportunity to acquire a single-tenant Harbor Freight Tools located at 304 E. Broadway Avenue in Moses Lake, Washington. Offered at $4,583,333 (6.00% cap rate), the property consists of approximately 15,000 square feet on 1.03 acres and is leased to Harbor Freight Tools USA, Inc., one of the nation's largest discount tool retailers.
Completed as a 15,000-square-foot build-to-suit for Harbor Freight in 2019, the property was specifically designed to meet the tenant's operational requirements, reflecting Harbor Freight's long-term commitment to the Moses Lake market. Since opening, the store has become a top-performing location, generating approximately 146,400 annual visits and an estimated $5.7 million in annual sales, while ranking as the #1 hardware store within a 15-mile radius, according to Placer.ai.
Strategically positioned along East Broadway Avenue with exposure to more than 22,000 vehicles per day, the property benefits from outstanding visibility and convenient access within one of Moses Lake's primary retail corridors.
With approximately three years remaining on the initial lease term, the property presents investors with an opportunity to benefit from Harbor Freight's long-term occupancy at this purpose-built location. The existing lease includes five 5-year renewal options with 10% rent increases at each option period, demonstrating the tenant's ability to remain at the property well into the future, subject to the terms of the lease.
Supported by continued population growth, expanding industrial investment, the Port of Moses Lake, Grant County International Airport, and a diversified regional economy, this offering combines a proven retail location, a purpose-built facility, and a clear opportunity to enhance long-term value through proactive lease management.
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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.