The subject property is a 34,936 square foot two-story Harley Davidson dealer situated on 3.03 acres. The property is located in Mason, Ohio approximately 20 miles north of Cincinnati, the property is situated immediately off of Interstate 71 – adjacent to the Kings Island Amusement & Waterpark as well as the Kings Island Resort & Conference Center. Kings Island is the most visited seasonal amusement park in the United States. Mason is located within the Cincinnati MSA and features strong demographics. The city has seen a 40% population growth over the past decade. Known for its excellent school systems, Mason was recognized as the 24th best place to live in the United States by Money Magazine in 2011
The dealership located in Mason is operated under the name Powder Keg Harley-Davidson by America’s PowerSports Group (APS). APS is headquartered in Allen, Texas and is owned primarily by funds managed by private equity groups Wind Point Partners and River Cities Capital.
Formed in 1998, America’s PowerSports is one of the nation’s largest retail power sports dealer networks, and represents all major brands including Harley-Davidson, Honda, BMW, Yamaha, Suzuki, Kawasaki , Sea-Doo and Polaris. The company operates nine dealership locations with 28 brands across six states (OH, CA, TX, AL, GA, OK)
Harley-Davidson, Inc. (NYSE: HOG) is one of the most recognizable brands in the world. As the dominant provider in the U.S. heavyweight motorcycle market, the company featured over 55% market share in 2010.
Earlier this year, S&P raised the rating of the U.S.-based motorcycle manufacturing company to BBB+ after its 10.7% growth in global motorcycle shipments in 2011. Harley-Davidson’s products are sold to retail customers through a network of independent dealers and conduct business on a global basis.