Tractor Supply For Sale

NNN Tractor Supply Co Stores

Tractor Supply Co. offers various agricultural supplies, work-wear and casual clothes, foot-wear, home and gardening products, along with various animal care needs and vehicle accessories. A highly valued brand experiencing sales growth over the past decade.

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Standard building dimensions are typically about 15,500 sq. ft. for retail purposes. This is roughly the same for outdoor-based product areas. Almost all of their properties are leased, with primary terms of ten to fifteen years on average and 2-4 options to renew at 5 years each.

Pros

  • Superb yields
  • Initial term rent increases are common
  • Extensions possible for 5 years each

Cons

  • Landlord obligations with NN leasing
  • Smaller towns and populations

Tenant Description

Back in 1938, a small mail-order company was selling tractor parts and accessories for the average farming family in the United States. It is no surprise that the heartland of America and its rural lifestyle has embraced their retail stores as part of the fabric of American culture.

At present, they have corporate headquarters based in Brentwood, TN, and are publically traded under ‘TSCO’ on NASDAQ. With yearly sales revenue approaching nearly seven billion dollars, Tractor Supply Co., is the biggest retail carrier of various mechanical tractor parts and tools, along with power equipment, generators, welders, landscaping products, to animal and pet supplies and apparel.

Located mostly in smaller towns and suburban areas, they have operations currently in 49 states, with over sixteen hundred retail locations and twenty four thousand employees who endeavor to provide family-oriented customer service. In fact, many farmers, equestrians, and tradesmen can be found among their ranks.

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Storefront Example

NNN Tractor Supply Co

Jarrell, TX

$6,292,000

Long-Term Net Lease with 5% Rental Increases Every […]

4.65%

15.1

N/a

Storefront Example

NNN Tractor Supply Company

Madison, AL

$4,272,727

The brand new fifteen (15) year lease term […]

13.5

N/a

Storefront Example

NNN Tractor Supply Co.

Oxford, MI

$4,655,000

Minimal landlord responsibilities. 5% rental increases every five (5) […]

Request

14.5

N/a

Storefront Example

NNN Tractor Supply Co.

Oxford, MI

$4,733,898

5% rental increases every five (5) years. 145,078 residents […]

Request

14.5

N/a

Storefront Example

NNN Tractor Supply Co.

Egg Harbor, NJ

$6,085,000

brand new 2017 construction, with rent commencing on 10/21/2017.  5% […]

Request

15

N/a

Storefront Example

NNN Tractor Supply Co.

Corpus Christi, TX

$4,210,000

10% Rental Increases every 5 Years. Central Location […]

Request

15

N/a

Storefront Example

NNN Tractor Supply

Yuma, CO

$3,846,471

Strong Publicly traded tenant. Brand new built-to-suit asset. […]

Request

15

N/a

Storefront Example

NNN Tractor Supply Co.

Egg Harbor, NJ

$6,085,000

brand new 2017 construction. 5% rental increases every five […]

Request

15

N/a

Storefront Example

NNN Tractor Supply

Nogales, AZ

$4,810,000

Brand New 2017 Construction.  Minimal Landlord Responsibilities – […]

5.85%

15

N/a

Storefront Example

NNN Tractor Supply Co.

Rutland, VT

$5,260,000

Tractor Supply Co. (NASDAQ:TSCO) is the largest national farm […]

Request

15

N/a

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