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Tractor Supply Co | New 15yr Corp NN 1715 County Rd 23,957 SF Retail Building Midland, TX 79706 $8,686,000 ($362.57/SF)
INVESTMENT HIGHLIGHTS
- Brand New 15-Year Lease | 5% Scheduled Rental Increases | Corporate Signature (Nasdaq: TSCO)
- New Development National & Credit Tenants Nearby | Located off I-20
- NN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
- Strong Demographics In 5-Mile Trade Area
EXECUTIVE SUMMARY
SRS National Net Lease is pleased to present the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased Tractor Supply Company
(Nasdaq: TSCO) investment property located in Midland, Texas. The corporate entity recently executed a brand-new 15-year lease with four (5-year) options to extend, demonstrating long-term commitment to the site. The lease includes 5% scheduled rental increases every five years throughout the initial term and each option period, providing consistent NOI growth and a built-in hedge against inflation. Tractor Supply continues to perform exceptionally well nationwide, supported by an average unit volume (AUV) of approximately $6.5MM.
(Nasdaq: TSCO) investment property located in Midland, Texas. The corporate entity recently executed a brand-new 15-year lease with four (5-year) options to extend, demonstrating long-term commitment to the site. The lease includes 5% scheduled rental increases every five years throughout the initial term and each option period, providing consistent NOI growth and a built-in hedge against inflation. Tractor Supply continues to perform exceptionally well nationwide, supported by an average unit volume (AUV) of approximately $6.5MM.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Building Size
23,957 SF
Year Built
2026
Construction Status
Under Construction
Price
$8,686,000
Price Per SF
$362.57
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
4.90 AC
Zoning
GOV
Parking
77 Spaces (3.21 Spaces per 1,000 SF Leased)
AMENITIES
- Freeway Visibility
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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Tractor Supply Co | New 15yr Corp NN | 1715 County Rd
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