Harbor Freight – Pearl, MS

Harbor Freight Tools USA Inc
3100 U.S. 80, Pearl, MS 39208, USA

Sands Investment Group is pleased to exclusively offer the 15,000 SF Harbor Freight Tools located at 3100 US-80 in Pearl, MS, just 4 miles from downtown Jackson. Harbor Freight, America’s #1 tool and equipment retailer, has operated here since 2000, and this site ranks as the top-performing store in the state of MS. Harbor Freight recently exercised 2, 5-year renewal options early, demonstrating its long-term commitment to the location. Positioned as an outparcel to Kroger with visibility to 29,000 VPD, this asset offers a stable, inflation-hedged investment in a high-traffic retail corridor.

  • Early Extension: Harbor Freight recently exercised 2 options early, providing ~13 years of firm lease term and demonstrating its long-term commitment to the location.
  • Strong Performance: Per Placer.ai, the subject property ranks #1 in the state and is in the 95th percentile nationally for foot traffic.
  • Growing Jackson MSA Retail Hub: Pearl boasts a 5.62% growth rate and 66,000+ daytime population within 10 minutes. Located at I-20/I-55, Pearl is a key retail and employment hub within the Jackson MSA.
  • Additional Income Source: The property includes a secondary dumpster lease, generating an additional $600 per year in revenue and enhancing overall return.
  • Prime Retail Corridor: Outparcel to Kroger along US-80 with visibility to 29,000 VPD and surrounded by national retailers including Walgreens, Taco Bell, Church’s Texas Chicken, and Rally’s, driving consistent daily traffic.
  • Low Management Structure: Double Net (NN) Lease with minimal landlord responsibilities, offering a passive and predictable income stream.
  • Industry-Leading Retailer: Harbor Freight is America’s #1 tool and equipment store with more than 1,550 locations nationwide, recognized by Forbes and TIME as one of the nation’s best retail employers and fastest-growing value retailers.

In Cooperation With Sands Investment Group Mississippi, LLC – Lic. #22675 BoR: Andrew Ackerman – Lic. MS #22616

Harbor Freight Tools USA Inc
3100 U.S. 80, Pearl, MS 39208, USA

Harbor Freight Tools USA, Inc.

Founded in 1977, Harbor Freight Tools USA, Inc. is a leading American retailer specializing in high-quality tools and equipment at value-driven prices. With more than 1,500 locations nationwide, the company serves both professional tradespeople and DIY customers through a broad selection of hand tools, power tools, automotive, and shop equipment. Headquartered in Calabasas, California, Harbor Freight has built its reputation on delivering exceptional value without compromising quality, backed by an in-house product development team and rigorous testing standards. Recognized by Forbes and TIME as one of the nation’s best retail employers and fastest-growing value retailers, Harbor Freight continues to expand its footprint through strategic growth, customer loyalty, and a commitment to innovation and service excellence.

Price

$1,735,000

Cap Rate

6.50%

PREMISES

15,000 SF

RENEWAL OPTIONS

4 x 5 Year

Lease Expiration

03/31/2039

Lease Type

NN

RENTAL INCREASES

10% Increase at Each Option

BROKERS

List with SIG

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