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1700 N Baltimore St
Kirksville, MO 63501
Retail Property For Sale
Investment Highlights
- The Tenant has successfully operated at this location for 15 years demonstrating their long term commitment to the property
- The Tenant has 3 years remaining on a 15 year NN lease paying low rent per square foot, of only $2.90 psf
- Tractor Supply (TSCO Nasdaq) is a $32.5 Billion Revenue Company specializing in Farm & Home products.
Executive Summary
Marcus & Millichap is pleased to present 1700 North Baltimore Street in Kirksville MO occupied by Tractor Supply (TSCO Nasdaq) is a $32.5 Billion Revenue Company specializing in Farm & Home products.
The Tenant has successfully operated at this location for 15 years demonstrating their long term commitment to the property and Kirksville market with its large agricultural based economy. TSC remodeled the store in 2023 upgrading to the current Fusion image.
The Tenant has 3 years remaining on a 15 year NN lease paying low rent per square foot, of only $2.90 psf, improving their long-term sustainability at the location and generating net income of $79,680 annually. TSC has One (1) Five (5) year Option to renew remaining on its lease.
The property is located in the endcap within the Sudden Valley Shopping Center, a beneficiary of growth in Kirksville, MO with recent additions of Harbor Freight and Ollie's to the center.
Ranked #291 on the Fortune 500 list, TSC is one of the fastest-rising companies, with their continued impressive growth trajectory, boasting a ±$32.5 billion market cap and over 2,270 locations in 49 states, including their 205 Petsense stores.
The Tenant has successfully operated at this location for 15 years demonstrating their long term commitment to the property and Kirksville market with its large agricultural based economy. TSC remodeled the store in 2023 upgrading to the current Fusion image.
The Tenant has 3 years remaining on a 15 year NN lease paying low rent per square foot, of only $2.90 psf, improving their long-term sustainability at the location and generating net income of $79,680 annually. TSC has One (1) Five (5) year Option to renew remaining on its lease.
The property is located in the endcap within the Sudden Valley Shopping Center, a beneficiary of growth in Kirksville, MO with recent additions of Harbor Freight and Ollie's to the center.
Ranked #291 on the Fortune 500 list, TSC is one of the fastest-rising companies, with their continued impressive growth trajectory, boasting a ±$32.5 billion market cap and over 2,270 locations in 49 states, including their 205 Petsense stores.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
26,777 SF
Building Class
B
Year Built/Renovated
1978/2023
Price
$1,628,400 CAD
Price Per SF
$60.81 CAD
Cap Rate
6.54%
NOI
$106,469 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
2.07 AC
Opportunity Zone
Yes
Frontage
456’ on North Baltimore Street
Property Taxes
| Parcel Numbers | Improvements Assessment | $468,406 CAD | |
| Land Assessment | $71,761 CAD | Total Assessment | $540,167 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$71,761 CAD
Improvements Assessment
$468,406 CAD
Total Assessment
$540,167 CAD
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