loader
Join Free
Views: 313 DOM: 30 Updated: 09.12.24 Posted: 08.17.24 Status: Active

Summary

Price $5,718,000
Built/Renov 2023
Tenant Tractor Supply Company
Cap Rate 6.00%
Lease Type Double NN
Guarantor Corp T and Rated
Size/SF 22,433
Lease Start 11-24-2023
#Units 2,414
Price/SF $254.89
Expiration 11-30-2038
Tenant Type General Retail
NOI $343,095
R. Term 14.2
Ownership Fee Simple
Rent/SF $15.29
Increases 5.0%/5/yrs
Pop 5Mi 20,904
Lot/AC 4.00
Options 4/5yrs/5%
AHHI 5Mi $818,152

Lease Highlights

  • New 2023 construction | New 15-year roof warranty to be transferred to Buyer, at Closing
  • 15 year lease term with 4 (5-year) options to extend
  • The lease features 5% rental increases throughout the initial term and option periods
  • Limited landlord responsibilities | Landlord responsible for roof, structure, and parking lot
  • Corporate guarantee | Investment grade tenant

Location Description

Tractor Supply Company is strategically located on W Bobo Newsom Highway, with access to 13,360 vehicles passing by daily. The property benefits from being the only Tractor Supply store within a 16-mile radius. It is less than 1.5 miles from Carolina Pines Regional Medical Center, under 4 miles from Sunoco’s global headquarters, and near Coker University, which has over 1,100 students. The...

...

Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

Tractor Supply Company (also known as TSCO or TSC), founded in 1938, is an American retail chain of stores that sells products for home improvement, agriculture, lawn and garden maintenance,...


...

Listing Broker

Loading...
Disclaimer & Confidentiality
All information, content, data, and other materials on this Platform (“Content”) is made available to you on an “AS IS” basis without warranties of any kind, express or implied. All such Content is made available for informational purposes only and should not be relied on by you for any purpose. Content may contain errors, may be inaccurate or incomplete and/or, due to changing circumstances or other causes, may change or ultimately prove to be inaccurate or incomplete. Other than as set forth in our Terms of Service we do not have any control over your use of our Services or any Content. You should not use any such Services or any Content without validating the results through independent research, obtaining up-to-date information, and considering all relevant facts and circumstances, including your specific situation (financial or otherwise). We do not recommend, guarantee, or represent that the Services or any Content will predict the future performance of real estate assets or other assets of any kind. Moreover, we do not warrant the performance or results that may be obtained by using any of the foregoing. WE ARE NOT ENGAGED IN RENDERING TAX, LEGAL, INVESTMENT, FINANCIAL OR RISK MANAGEMENT ADVICE, AND THE RESULTS OF USE OF OUR SERVICES AND ANY CONTENT MUST NOT BE REGARDED OR REPRESENTED AS CONSTITUTING SUCH ADVICE. WE DO NOT MAKE ANY REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF ANY CONTENT AND/OR PROJECTIONS GENERATED BY THE SERVICES OR ANY CONTENT

GET IN TOUCH

my activity