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Tractor Supply 33404 US Highway 280 35,512 SF Retail Building Childersburg, AL 35044 $6,286,734 CAD ($177.03 CAD/SF) 5.75% Cap Rate
Investment Highlights
- 1980 Construction With Complete Renovations in 2022 For Tractor Supply Co. to Include Outdoor Garden Center and Drive Thru Pick Up Area | 35,512-SF
- 5% Rental Increases Every 5 Years and in Each of Four, 5-Year Renewal Options | 6.12% Average Cap Rate Over the Remaining 12 Year Rental Period
- Corner Location With Strong Visibility Along 12th Ave/US-280 and Limbaugh Ave, Seeing 21,500+ Vehicles Per Day
- 12.5 Years Remaining on The Initial 15-Year Double Net Lease | Minimal Landlord Responsibilities
- Corporately Guaranteed Lease | Property Features Three Points of Ingress and Egress, Pylon Sign and a Large, Fully Lit Parking Lot
- Located Along the Main Retail Corridor in Childersburg Near Multiple National Tenants Including Taco Bell, McDonald’s, Piggly Wiggly, Days Inn, & more
Executive Summary
12.5 Years Remaining on The Initial 15-Year Double Net Lease
Minimal Landlord Responsibilities
Property Facts
Amenities
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- 35,512 SF
- $10.18 CAD
- Double Net
- Dec 2037
Tractor Supply Company, founded in 1938 in Chicago, Illinois, is a leading U.S. retailer specializing in products for home improvement, agriculture, lawn and garden maintenance, livestock, equine, and pet care. Headquartered in Brentwood, Tennessee, the company operates thousands of stores across 49 states, primarily serving rural and suburban communities. Tractor Supply caters to farmers, ranchers, pet owners, and hobbyists, offering a wide range of products including tools, fencing, animal feed, and outdoor power equipment. The company also owns Petsense by Tractor Supply, a pet specialty retailer, and Allivet, an online pet pharmacy, expanding its footprint in the pet care market. Publicly traded on the Nasdaq under the ticker symbol TSCO, Tractor Supply ranks among the Fortune 500 and continues to grow its omnichannel capabilities to meet evolving customer needs.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 35,512 SF | $10.18 CAD | Double Net | Dec 2037 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 22-09-29-2-002-001.000 | Improvements Assessment | $473,794 CAD |
| Land Assessment | $265,226 CAD | Total Assessment | $739,020 CAD |
Property Taxes
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Tractor Supply | 33404 US Highway 280
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