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1208 W Highway 28
Owensville, MO 65066
Tractor Supply Co - Owensville MO · Retail Property For Sale
Investment Highlights
- Tractor Supply Co. Double-Net Lease with 13.9 Years Remaining in Owensville, MO
- Low Rent of Only $3.22/SF; Offered Well-Below Replacement Cost at $54/SF
- 5% Rent Increase in 2030 & 10% Rent Increase in 2035; +93 bps to CAP Rate by End of Current Term
- Extremely Low 2.8% Rent-to-Sales Ratio; Reported Strong Sales of $4.34 Million in 2023
- Strong Commitment to Site Demonstrated via February 2024-Executed 10-Year Early Extension Taking Term into 2038
- Minimal Landlord Responsibilities – Mostly Roof/Structure; Tenant Self-Maintains HVAC, Parking Lot, CAM & Insurance, Reimburses Taxes
Property Facts
Property Type
Retail
Property Subtype
Building Size
37,895 SF
Building Class
C
Year Built
1981
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
5.97 AC
Parking
204 Spaces (5.38 Spaces per 1,000 SF Leased)
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 14-9.0-31-000-000-009.010 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $243,160 |
Property Taxes
Parcel Number
14-9.0-31-000-000-009.010
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$243,160
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