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Tractor Supply Co 1700 N Baltimore St 26,777 SF Retail Building Kirksville, MO 63501 $1,200,000 ($44.81/SF) 6.54% Cap Rate
Investment Highlights
- The Tenant has successfully operated at this location for 15 years demonstrating their long term commitment to the property
- The Tenant has 3 years remaining on a 15 year NN lease paying low rent per square foot, of only $2.90 psf
- Tractor Supply (TSCO Nasdaq) is a $32.5 Billion Revenue Company specializing in Farm & Home products.
Executive Summary
Marcus & Millichap is pleased to present 1700 North Baltimore Street in Kirksville MO occupied by Tractor Supply (TSCO Nasdaq) is a $32.5 Billion Revenue Company specializing in Farm & Home products.
The Tenant has successfully operated at this location for 15 years demonstrating their long term commitment to the property and Kirksville market with its large agricultural based economy. TSC remodeled the store in 2023 upgrading to the current Fusion image.
The Tenant has 3 years remaining on a 15 year NN lease paying low rent per square foot, of only $2.90 psf, improving their long-term sustainability at the location and generating net income of $79,680 annually. TSC has One (1) Five (5) year Option to renew remaining on its lease.
The property is located in the endcap within the Sudden Valley Shopping Center, a beneficiary of growth in Kirksville, MO with recent additions of Harbor Freight and Ollie's to the center.
Ranked #291 on the Fortune 500 list, TSC is one of the fastest-rising companies, with their continued impressive growth trajectory, boasting a ±$32.5 billion market cap and over 2,270 locations in 49 states, including their 205 Petsense stores.
The Tenant has successfully operated at this location for 15 years demonstrating their long term commitment to the property and Kirksville market with its large agricultural based economy. TSC remodeled the store in 2023 upgrading to the current Fusion image.
The Tenant has 3 years remaining on a 15 year NN lease paying low rent per square foot, of only $2.90 psf, improving their long-term sustainability at the location and generating net income of $79,680 annually. TSC has One (1) Five (5) year Option to renew remaining on its lease.
The property is located in the endcap within the Sudden Valley Shopping Center, a beneficiary of growth in Kirksville, MO with recent additions of Harbor Freight and Ollie's to the center.
Ranked #291 on the Fortune 500 list, TSC is one of the fastest-rising companies, with their continued impressive growth trajectory, boasting a ±$32.5 billion market cap and over 2,270 locations in 49 states, including their 205 Petsense stores.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
26,777 SF
Building Class
B
Year Built/Renovated
1978/2023
Price
$1,200,000
Price Per SF
$44.81
Cap Rate
6.54%
NOI
$78,459
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
2.07 AC
Opportunity Zone
Yes
Frontage
456’ on North Baltimore Street
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Tractor Supply Company
- Retailer
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Tractor Supply Company | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $344,120 | |
| Land Assessment | $52,720 | Total Assessment | $396,840 |
Property Taxes
Parcel Numbers
Land Assessment
$52,720
Improvements Assessment
$344,120
Total Assessment
$396,840
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Tractor Supply Co | 1700 N Baltimore St
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