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Tractor Supply Co | Absolute NNN Corp Lease 4555 16th St 42 914 pi² Commerce de détail Immeuble Moline, IL 61265 3 827 432 $ CAD (89,19 $ CAD/pi²) 5,04% Taux de capitalisation



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Faits saillants de l'investissement
- Tractor Supply Company - Rare Absolute NNN Lease Structure - 100% leased with zero landlord responsibilities, providing truly passive ownership
- S&P 500 Component (NASDAQ: TSCO) - $23.5 Billion Market Cap, 50,000+ Employees, Expanding Company
- Proximity to Quad Cities International Airport - Located within a multi-state (Illinois, Iowa) metro anchored by John Deere (NYSE: DC) Global HQ
- 9 Years of Firm Lease Term Remaining - Long-term, stable income with no near-term rollover risk
- Below-Market Rent - Only Tractor Supply in 47 miles - Low in-place rent supports renewal probability and long-term rent growth potential
- Prime Infill Retail Location - Former Toys "R" Us / Big Lots - Located within a dominant retail corridor rather than a typical tertiary TSC site
Résumé de l'annonce
Exclusively Listed in association with Bang Realty-Illinois, Inc. | License No. 471020548
We are pleased to present the opportunity to acquire a single-tenant, fee-simple Tractor Supply in Moline, Illinois, 100% leased on an absolute triple-net (NNN) basis to Tractor Supply Company (NASDAQ: TSCO). The lease provides approximately nine years of firm term remaining and offers truly passive ownership with zero landlord responsibilities, including roof, structure, and capital expenditures.
This offering is differentiated by its rare absolute NNN lease structure for Tractor Supply, a format seldom available within the tenant's portfolio. The property is leased at a below-market rent, supporting tenant retention while providing long-term mark-to-market upside and residual value.
The asset is strategically located at 4555 16th Street within the dominant SouthPark Mall retail corridor, one of the Quad Cities' primary commercial nodes, adjacent to Quad Cities International Airport. Unlike typical Tractor Supply locations in tertiary or edge-of-market settings, this site occupies a prime infill position within an established big-box retail cluster. The property is a former Toys "R" Us / Big Lots, reinforcing long-term viability for national large-format users.
Situated on a 4.04-acre parcel, the property benefits from strong access, visibility, and functionality, with approximately 38,300 VPD at the 16th Street / John Deere Road (IL State Route 5) intersection and immediate proximity to Interstate 74 (39,500 VPD). The surrounding trade area is anchored by SouthPark Mall and national destination retailers including Target, Dillard's, Von Maur, Kohl's, Petco, Petsmart, Planet Fitness, Ollie's, and Dick's Sporting Goods.
Moline is part of the Quad Cities MSA, a diversified regional economy anchored by manufacturing, logistics, healthcare, and John Deere (NYSE: DC) global headquarters, supporting durable long-term retail demand.
This offering represents a rare opportunity to acquire an absolute NNN Tractor Supply asset combining passive cash flow, below-market rent, and high-quality infill real estate within a proven Midwest retail corridor.
We are pleased to present the opportunity to acquire a single-tenant, fee-simple Tractor Supply in Moline, Illinois, 100% leased on an absolute triple-net (NNN) basis to Tractor Supply Company (NASDAQ: TSCO). The lease provides approximately nine years of firm term remaining and offers truly passive ownership with zero landlord responsibilities, including roof, structure, and capital expenditures.
This offering is differentiated by its rare absolute NNN lease structure for Tractor Supply, a format seldom available within the tenant's portfolio. The property is leased at a below-market rent, supporting tenant retention while providing long-term mark-to-market upside and residual value.
The asset is strategically located at 4555 16th Street within the dominant SouthPark Mall retail corridor, one of the Quad Cities' primary commercial nodes, adjacent to Quad Cities International Airport. Unlike typical Tractor Supply locations in tertiary or edge-of-market settings, this site occupies a prime infill position within an established big-box retail cluster. The property is a former Toys "R" Us / Big Lots, reinforcing long-term viability for national large-format users.
Situated on a 4.04-acre parcel, the property benefits from strong access, visibility, and functionality, with approximately 38,300 VPD at the 16th Street / John Deere Road (IL State Route 5) intersection and immediate proximity to Interstate 74 (39,500 VPD). The surrounding trade area is anchored by SouthPark Mall and national destination retailers including Target, Dillard's, Von Maur, Kohl's, Petco, Petsmart, Planet Fitness, Ollie's, and Dick's Sporting Goods.
Moline is part of the Quad Cities MSA, a diversified regional economy anchored by manufacturing, logistics, healthcare, and John Deere (NYSE: DC) global headquarters, supporting durable long-term retail demand.
This offering represents a rare opportunity to acquire an absolute NNN Tractor Supply asset combining passive cash flow, below-market rent, and high-quality infill real estate within a proven Midwest retail corridor.
Faits sur la propriété
Type de vente
Investissement pour loyer hypernet
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
42 914 pi²
Classe d’immeuble
B
Année de construction
1978
Prix
3 827 432 $ CAD
Prix par pi²
89,19 $ CAD
Taux de capitalisation
5,04%
Revenu net d’exploitation
192 903 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,24
Taille du lot
4,04 AC
Commodités
- Enseigne sur pylône
Principaux locataires
- Locataire
- Secteur
- pi² Occupé
- Loyer/pi²
- Type de bail
- Fin du bail
- Tractor Supply Co
- Détaillant
- 42 914 pi²
- 4,50 $ CAD
- Loyer hypernet
- Mars 2035
| Locataire | Secteur | pi² Occupé | Loyer/pi² | Type de bail | Fin du bail | |
| Tractor Supply Co | Détaillant | 42 914 pi² | 4,50 $ CAD | Loyer hypernet | Mars 2035 |
Assez praticable à pied
50/100
Exceptionnellement facile d’accès en voiture
100/100
Transports en commun relativement accessibles
40/100
Plutôt praticable en vélo
40/100
Principaux détaillants à proximité
Impôts fonciers
| Numéro de lot | 17-16-102-003 | Évaluation des bâtiments | 365 175 $ CAD |
| Évaluation du terrain | 540 678 $ CAD | Évaluation totale | 905 853 $ CAD |
Impôts fonciers
Numéro de lot
17-16-102-003
Évaluation du terrain
540 678 $ CAD
Évaluation des bâtiments
365 175 $ CAD
Évaluation totale
905 853 $ CAD
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Présenté par
Tractor Supply Co | Absolute NNN Corp Lease | 4555 16th St
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