12150 Us Highway 93 S
Lolo, MT 59847
Tractor Supply | Lolo, MT · Retail Property For Sale

The lease structure is double net (NN), with minimal landlord responsibilities. Tenant is responsible for HVAC, maintenance of the common area (replacing lamps and repainting light poles in the parking lot, clearing snow and ice from the parking lot, mowing grass, and landscape maintenance and repair), payment of property taxes and utilities, and tenant' s required insurance. Landlord is responsible for roof and structure (including the roof, drains, gutters, downspouts, foundation, sub-floors, and walls), maintenance, repair and replacement of paved areas (including sealing and striping, replacement of the permanent, portable loading ramp, and exterior utility lines and pipes), and commercial general liability insurance. There are thirteen (13+) years remaining on the lease term, plus four (4), five (5) year options. The lease provides for RARE 10% rental increases every five (5) years and at each option period. The lease is corporately guaranteed by Tractor Supply Company, the largest operator of rural lifestyle retail stores in America. There are 86,186 residents located in the ten (10) mile demographic ring, and 137,753 residents located in the thirty (30) mile demographic ring. The average household income in the five (5) mile demographic ring is an affluent $89,214. Tractor Supply has strong frontage on Highway 93, which reports high traffic counts of 18,723 cars per day at this location. Tractor Supply is surrounded by several popular retailers including McDonald' s, Quiznos and Dairy Queen. The property is only 11 miles from Missoula, which is the 2nd largest city in Montana.