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501 Oak Mountain Trl
Pelham, AL 35124
Retail Property For Sale


Executive Summary
Northmarq is pleased to present to qualified investors the opportunity to acquire a fee simple interest in a single-tenant, Tractor Supply located at 501 Oak Mountain Trail, Pelham, AL 35124 (the "Property")
The Property consists of approximately 21,930 square feet of retail space on a 4.08 acre parcel, leased to Tractor Supply Company under a net lease guaranteed by Tractor Suppply Company. The lease commenced March 2023, and runs through March 2043, with four additional five-year renewal options. This ensures a largley passive ownership structure with minimal landlord responsibilitieis limited to the roof, structure and parking lot.
Originally built in 2023, the Property is operated by one of the nation's most recognized rural lifestyle retail brands. The tenant is responsible for all operating expenses, including CAM, taxes, insurance and utilities providing investors with stable cash flow supported by corporate-backed credit.
Tractor Supply Company is a nationaly recognized retailer serving the needs of homeowners, farmers and rural communities, known for its dependable operations and strong customer base. With the brand's proven performance, long-term lease structure, and net lease type with minimal landlord responsibilities, the Property represents a compelling investment opportunity in a stable and growing suburban market offering predictable, long-term growth.
The Property consists of approximately 21,930 square feet of retail space on a 4.08 acre parcel, leased to Tractor Supply Company under a net lease guaranteed by Tractor Suppply Company. The lease commenced March 2023, and runs through March 2043, with four additional five-year renewal options. This ensures a largley passive ownership structure with minimal landlord responsibilitieis limited to the roof, structure and parking lot.
Originally built in 2023, the Property is operated by one of the nation's most recognized rural lifestyle retail brands. The tenant is responsible for all operating expenses, including CAM, taxes, insurance and utilities providing investors with stable cash flow supported by corporate-backed credit.
Tractor Supply Company is a nationaly recognized retailer serving the needs of homeowners, farmers and rural communities, known for its dependable operations and strong customer base. With the brand's proven performance, long-term lease structure, and net lease type with minimal landlord responsibilities, the Property represents a compelling investment opportunity in a stable and growing suburban market offering predictable, long-term growth.
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
21,930 SF
Building Class
C
Year Built
2023
Price
$8,596,312 CAD
Price Per SF
$391.99 CAD
Cap Rate
5.75%
NOI
$494,288 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
11.21 AC
Property Taxes
| Parcel Number | 13-6-24-1-001-020-001 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $1,131,545 CAD |
Property Taxes
Parcel Number
13-6-24-1-001-020-001
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,131,545 CAD
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