Northern Tool + Equipment

Northern Tool stores are typically free-standing buildings between 15,000 and 25,000 square feet, situated on parcels of 1.5 to 3 acres. The majority of leases are absolute NNN with 15- to 20-year terms, 10% rent escalations every 5 years, and renewal options. Sites are commonly found in suburban markets, often in retail corridors with complementary […]