This Retail Property is Off-Market.

2021 Hutchings
Ballinger, TX 76821 ·

19,097 SF · Retail For Sale

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Tractor Supply Ballinger TX

Price N/A Cap Rate 8.25%
Building Size 19,097 SF Occupancy 100%
Property Type Retail No. Stories 1
Property Sub-type Free Standing Bldg Tenancy Single
Property Use Type Net Lease Investment with 10+ years left on lease Year Built 2010
Construction Status Under Construction/Proposed Lot Size 3 AC
Listing ID: 16544028 Date Created: 01/23/2010 Last Updated: 06/22/2010

Description

Hudson Peters Commercial is pleased to present this excellent opportunity to purchase a soon to be completed Tractor Supply Company Store in Ballinger, Texas. The store is 100% leased to Tractor Supply Company and is corporately guaranteed.

As of September 2009, Tractor Supply Company(NASDAQ:TSCO) had annual sales in excess of $3 billion, a net worth in excess of $693MM and net income of approximately $100MM.

Tractor Supply Company (NASDAQ:TSCO) is the largest operator of retail farm and ranch stores in the United States with 912 stores in 44 states focused on supplying the lifestyle needs of recreational farmers and ranchers. The Company also serves the maintenance needs of those who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located in towns outlying to major metropolitan markets and in rural communities.

Located less than 30 minutes east of San Angelo, Ballinger is the county seat for Runnels County, Texas. It is at the junction of U.S. Highways 67 and 83 and State Highway 158. The Colorado River and Elm Creek converge there, and the Atchison, Topeka and Santa Fe Railway runs through the town. The town is served by 2 area hospitals and has all City services. 3 colleges are within a half hour drive. All amenities are readily available in either Abilene or San Angelo. Ballinger serves as the host city for the new 25,000 acre O.H. Ivie Reservoir. Lake Ivie is located just 20 minutes southeast of town and attracts sportsmen from all over the state. Ballinger boasts a wide array of energy (not just oil) and agriculture business and a growing population base.

Highlights

  • Long Term Lease-15 Year Corporate TCS Lease
  • Significant Rental Increase Every 5 Year
  • Multiple Renewal Options with Significant Rent Increases
  • Strong Financial Backing of Solid Publicly Traded Tenant
  • NN Lease Structure

Research

2021 Hutchings, Ballinger, TX 76821 (Runnels County)

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