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Tractor Supply - Owensville, MO 1208 W Highway 28 37,895 SF Retail Building Owensville, MO 65066 $1,880,000 ($49.61/SF) 6.50% Cap Rate
Investment Highlights
- Strong Commitment from Tenant
- Proven & Reported Sales
- Corporate Guaranty
- Attractive Lease Fundamentals
- Minimal Landlord Responsibilities
Executive Summary
Atlantic Capital Partners has been exclusively engaged in soliciting offers for the sale of this Tractor Supply Company located in Owensville, MO. The 37,895 SF asset sits atop
5.97 acres and is positioned with excellent frontage along Highway 28, the major roadway into downtown Owensville. The offering is complemented by a strong-performing
location for the store, with 2023 reported sales of $4.3M, equating to a 2.8% Rent-to-Sales ratio. Located at 1208 Highway 28, Tractor Supply has been operating at this location for over seventeen years. The initial 10-year lease was signed in 2007 and rent commenced in February 2008. Tractor Supply extended their base term by ten years in 2017 and recently extended their base term again by 10 years, providing them with term through January 2038. Tractor Supply is currently paying $122,211 and features
a 5% rent increase in January 2030 with 10% rent increases every 5 years thereafter.
5.97 acres and is positioned with excellent frontage along Highway 28, the major roadway into downtown Owensville. The offering is complemented by a strong-performing
location for the store, with 2023 reported sales of $4.3M, equating to a 2.8% Rent-to-Sales ratio. Located at 1208 Highway 28, Tractor Supply has been operating at this location for over seventeen years. The initial 10-year lease was signed in 2007 and rent commenced in February 2008. Tractor Supply extended their base term by ten years in 2017 and recently extended their base term again by 10 years, providing them with term through January 2038. Tractor Supply is currently paying $122,211 and features
a 5% rent increase in January 2030 with 10% rent increases every 5 years thereafter.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
37,895 SF
Building Class
C
Year Built/Renovated
1981/2024
Price
$1,880,000
Price Per SF
$49.61
Cap Rate
6.50%
NOI
$122,200
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
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
- -
- -
- -
Tractor Supply Company began in 1938 as a mail-order tractor parts business and later expanded into retail, building a business around serving rural lifestyle needs. The company now offers products for home improvement, agriculture, lawn and garden maintenance, livestock, equine, pet care, and animal wellness. The business also includes Petsense by Tractor Supply and Allivet, extending its reach into pet specialty retail and online pet and animal pharmacy services. Tractor Supply continues to focus on customers pursuing farming, animal care, and hands-on living through stores, digital channels, and related brand offerings.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | - | - | - |
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
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
Contacts
-
David Hoppe -
Eric Suffoletto -
Danny Griffin -
Ben Olmstead -
Kendra Doherty -
Connor Kuchman -
Atlantic Capital Partners
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