Tractor Supply Company

19,097 SF | Retail Building | Johnstown, PA 15904 | $3,300,000 ($173/SF) | 6.40% Cap Rate

Asking Price $3,300,000

Property Type: Retail
Square Feet: 19,097 SF
Price / Square Foot: $173

Listing Contacts

John Rotunno

Verified Profile

Property Info

Property Overview

In June of 2022, the tenant extended their lease term through 2037. Tractor Supply has operated at this location since 2004 when the property was built specifically for their specifications. The recent blend and extend is further indication of the store’s success. While most Tractor Supply structures offer a double net lease, the featured property is a rare absolute triple net lease. Tractor Supply Company (NASDAQ: TSCO) is the largest rural lifestyle retailer in the U.S., ranking 291 on the Fortune 500.

Property Details

Class: B
Year Built: 2004
Stories: 1
Property Subtype: Freestanding, Storefront
Lot Size (sq. ft): 192,535 SF

Highlights

Rare Absolute NNN Lease
Strong Performing Retail Corridor
Commitment to Location
Long-Term Lease with Options & Rental Increases
Outstanding Corporate Credit (S&P BBB/Stable)

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