Tractor Supply Company
19,097 SF | Retail Building | Pontotoc, MS 38863 | $5,316,667 ($278/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $5,316,667
- Property Type
-
Retail
- Square Feet
- 19,097 SF
- Price / Square Foot
- $278
Listing Contacts
Jimmy Goodman
Verified Profile
Randy Blankstein
Verified Profile
- Property Info
Property Overview
The Boulder Group is pleased to exclusively market for sale a single tenant net leased Tractor Supply Company located in Pontotoc, Mississippi. The property was constructed in 2023 for Tractor Supply Company with a 15-year lease running through July 2038. The lease features 5% rental escalations every five years that span throughout the primary term and four 5-year renewal options. Tractor Supply Company is an investment grade tenant with a BBB rating from Standard and Poor’s.
The 19,097 square-foot building benefits from its position along Mississippi Highway 15 which experiences over 16,000 vehicles per day. The property also benefits from its immediate proximity to US Highway 278 connecting west to Oxford and east to Tupelo. Tractor Supply Company is surrounded by several retail and industrial tenants that draw continual traffic through the corridor. Those of which include Walmart Supercenter, ABC Supply Co, Taco Bell, AT&T, Cadence Bank, Murphy USA, Southern Motion, and various others. There are over 25,900 people living within a ten-mile radius of the property who earn an average household income of $72,599.
Tractor Supply Company (NASDAQ: TSCO), serving customers for 85 years, is the largest rural lifestyle retailer in the U.S., ranking 291 on the 2024 Fortune 500. With over 2,300 stores in 49 states and an e-commerce website, TSC provides comprehensive merchandise, including equine, livestock, pet, and small animal products, hardware, tools, seasonal items, clothing, and maintenance products. Their team of more than 50,000 members is dedicated to delivering legendary service and assisting customers in pursuing their passions, whether it’s caring for animals, living a DIY lifestyle, or being closer to the land. Tractor Supply’s growth is fueled by their mission and values, driving them to expand their store footprint and enhance product offerings. Additionally, the company owns and operates Petsense, a pet specialty retailer catering to pet owners in small and mid-size communities.
The 19,097 square-foot building benefits from its position along Mississippi Highway 15 which experiences over 16,000 vehicles per day. The property also benefits from its immediate proximity to US Highway 278 connecting west to Oxford and east to Tupelo. Tractor Supply Company is surrounded by several retail and industrial tenants that draw continual traffic through the corridor. Those of which include Walmart Supercenter, ABC Supply Co, Taco Bell, AT&T, Cadence Bank, Murphy USA, Southern Motion, and various others. There are over 25,900 people living within a ten-mile radius of the property who earn an average household income of $72,599.
Tractor Supply Company (NASDAQ: TSCO), serving customers for 85 years, is the largest rural lifestyle retailer in the U.S., ranking 291 on the 2024 Fortune 500. With over 2,300 stores in 49 states and an e-commerce website, TSC provides comprehensive merchandise, including equine, livestock, pet, and small animal products, hardware, tools, seasonal items, clothing, and maintenance products. Their team of more than 50,000 members is dedicated to delivering legendary service and assisting customers in pursuing their passions, whether it’s caring for animals, living a DIY lifestyle, or being closer to the land. Tractor Supply’s growth is fueled by their mission and values, driving them to expand their store footprint and enhance product offerings. Additionally, the company owns and operates Petsense, a pet specialty retailer catering to pet owners in small and mid-size communities.
Property Details
- Class
- C
- Year Built
- 2023
- Stories
- 1
- Property Subtype
- Storefront
- Lot Size (sq. ft)
- 172,498 SF
Highlights
- New construction completed in 2023
- Over 14 years remain on the primary lease term
- Neighboring tenants include Walmart Supercenter, ABC Supply Co, Taco Bell, AT&T, Cadence Bank, Murphy USA, Southern Motion, and several others
- Located along Mississippi Highway 15 (16,000 VPD) and within proximity to US Highway 278 (14,000 VPD)
- 25 miles west of Tupelo, Mississippi
- Investment grade tenant – Standard & Poor’s: BBB
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].