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Tractor Supply – Long Term Net Lease

142 McKinley Road, Beaver Falls, Pennsylvania, 15010
  • Agent(s):
    Kyle Hartung
  • Name:
    Tractor Supply – Long Term Net Lease
  • Address:
    142 McKinley Road, Beaver Falls, Pennsylvania, 15010
  • Total SF:
    19,097
  • Option:
    For lease
  • Category:
    Investment Sales

Full Offering Memorandum

Details

For sale to qualified investors is a rare opportunity to own a fee-simple (land and building) net lease Tractor Supply located in Beaver Falls, Pennsylvania. The lease is corporately signed by Tractor Supply
Company, which is publicly traded on the Nasdaq exchange under the ticker symbol TSCO. The company is the largest operator of farm and ranch stores in the United States, with over 1,488 locations in 49 states as of December 2015, and annual revenue of $6.2 billion. Although they have no public debt rating, they are generally considered investment grade. The majority of Tractor Supply net lease offerings are purchased by institutional investors prior to being seen on the public market, which
makes this offering unique to the individual investor. Constructed in 2009 under an initial 15 year lease, Tractor Supply has already extended the lease for an additional 6 years, showing their commitment to the site. The lease now has 14 years in guaranteed term remaining, plus options. The property is located on heavily-trafficked McKinley Road in the retail center of Beaver Falls, and is surrounded by other national retailers including Walmart, Home Depot, Kmart, Giant Eagle, Walgreens, CVS, Aldi, Dollar Tree, Dollar General, Applebee’s, McDonald’s, Burger King, Pizza Hut, Sears, Staples, Pet Sense, Shoe
Show, Save-a-lot, Fifth Third Bank, Verizon, McDonald’s, Applebee’s, Taco Bell, and others.

Location