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New Tractor Supply | Next to Publix | 15-Yr 5516 Woodbine Rd 21,798 SF Retail Building Pace, FL 32571 $11,142,234 CAD ($511.16 CAD/SF)
INVESTMENT HIGHLIGHTS
- Brand New, 15-Year Lease | Scheduled Rental Increases | Established Brand
- Adjacent to Stonebrook Plaza (235,000+ SF) | Dense Retail Corridor | Strong National/Credit Tenant Presence | Nearby Schools
- Strong Demographics in 5-Mile Trade Area | Six-Figure Incomes
- NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
- Located Along Woodbine Rd (18,000 VPD) | New Construction | Excellent Visibility & Access
EXECUTIVE SUMMARY
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased, Tractor Supply Company investment property located in Pace, Florida. The tenant recently signed a brand-new 15 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 5% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN with landlord responsibilities limited to roof, structure, foundation, parking lot (re-striping/sealing), & exterior utility lines making it an ideal, low-management investment opportunity for a passive investor. The newly-constructed building features a state-of-the-art design with high-quality materials. Tractor Supply is the largest rural lifestyle retailer in the U.S., ranking 293 on the Fortune 500. The Company’s more than 50,000 Team Members are known for delivering legendary service and helping customers pursue their passions.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
21,798 SF
Building Class
B
Year Built
2024
Price
$11,142,234 CAD
Price Per SF
$511.16 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
3.14 AC
Zoning
GC - General Commercial
Parking
73 Spaces (3.35 Spaces per 1,000 SF Leased)
Frontage
265’ on WOODBINE RD
AMENITIES
- Pylon Sign
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Tractor Supply Company
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Tractor Supply Company | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 32-2N-29-0000-02311-0000 | Improvements Assessment | $0 CAD |
| Land Assessment | $836,692 CAD | Total Assessment | $836,692 CAD |
PROPERTY TAXES
Parcel Number
32-2N-29-0000-02311-0000
Land Assessment
$836,692 CAD
Improvements Assessment
$0 CAD
Total Assessment
$836,692 CAD
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New Tractor Supply | Next to Publix | 15-Yr | 5516 Woodbine Rd
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