Harbor Freight | Dollar Tree

Investment Highlights

HARBOR FREIGHT TOOLS | DOLLAR TREE
• The subject property is a 26,063 square foot 2-tenant retail offering located in McMinnville, TN
• The center is leased to Harbor Freight Tools & Dollar Tree with a WALT of 8.6 years
• The center is a Walmart Supercenter shadow and is surrounded by national tenants such as Lowes, Walgreens, Mcdonald’s, Dairy Queen, Zaxby’s, and Applebee’s

HARBOR FREIGHT TOOLS
• Harbor Freight Tools is a privately held tool and equipment retailer, headquartered in Calabasas, California
• Harbor Freight Tools has been in business for 47 Years and has a net worth of $8.0B
• Harbor Freight Tools has over 1500 stores in 48 states
• This lease is corporately guaranteed by Harbor Freight Tools and has term through 2032

DOLLAR TREE
• Dollar Tree is a publicly traded (NYSE: DLTR) Fortune 500 company with an S&P investment grade credit rating of BBB.
• Dollar Tree operates 16,340+ stores across 48 states and 5 Canadian provinces.
• Dollar Tree has been in business for 70 years and has a current net worth of over $33 billion.
• This Dollar Tree was built out this year and has a new 10 year lease.

MCMINNVILLE, TN
• The city of McMinnville, TN is the county seat of Warren County
• McMinnville is nestled in the foothills of the Cumberland Plateau
• McMinnville is often referred to as the “Nursery Capital of the World” due to its prominence in the horticulture industry
• McMinnville is home to various industries including Bridgestone’s Warren County Tire Plant