Tractor Supply 447 Nestles Rd 21 140 pi² Commerce de détail Immeuble Soledad, CA 93960 13 240 302 $ CAD (626,32 $ CAD/pi²) 5,75% Taux de capitalisation

The Snyder Carlton National Net Lease Team is pleased to offer investors a great opportunity to acquire a single-tenant net-leased Tractor Supply Co. in Soledad, CA. Tractor Supply Company (NASDAQ: TSCO) has an investment-grade credit rating from S&P of “BBB”, operates over 2,300 locations across 49 States, has annual sales exceeding $14.8 billion, and is ranked 293 on the Fortune 500 list. With a new 20-year lease, four 5-year option periods, 7% rent increases every 5 years, and limited landlord responsibilities, this asset is an ideal investment for an investor seeking inflation-resistant cash flows for years to come.
Located on Nestles Road and Los Coches Road, the subject property comprises a new construction 21,300 SF building with a 22,200 SF fenced outdoor display area on a 3.28-acre parcel. Tractor Supply Soledad will be the first location in Monterey County, which is over 50 minutes from the next closest TSCO, and is an anchor tenant to Soledad Marketplace. Once completed, Soledad Marketplace will include a 10-screen cinema, multiple restaurants, and numerous retail spaces and will be Soledad’s premier retail destination. Nearby retailers include McDonald’s, Starbucks, Carl’s Jr., Taco Bell, Dutch Bros Coffee, Grocery Outlet, Food Co., CVS Pharmacy, and more.
This is an excellent opportunity to purchase a New Tractor Supply Co in California with minimal landlord responsibilities, rent increases, and multiple option periods providing years of worry-free cash flows.