1615 W Valencia Rd
Tucson, AZ 85746
Tractor Supply Co · Retail Property For Sale

Tractor Supply | Double Digit Rent Bumps Every 5 CBRE is pleased to offer for sale this single-tenant Tractor Supply Company (the Property ) located in Midvale Park in Tucson, Arizona just west of the busy intersection of Valencia Road and the I-19 freeway. The offering consists of a newly constructed, ±21,702-square foot Tractor Supply located on an above average size land parcel of ±2.30 acres of land. The Property is brand new construction and is scheduled to open August of 2017. The initial lease term is 15 years, with double-digit increases every 5 years in the initial term and throughout the four, 5-year options. This Tractor Supply Co. offers a corporate guarantee. Tractor Supply Company is the largest operator of rural lifestyle retail stores in the United States. The company operates over 1,700 retail stores in 49 states, employs more than 24,000 team members and is headquartered in Brentwood, Tennessee. Its stock is traded on the NASDAQ exchange under the symbol TSCO . They were founded in 1938 as a mail order catalog business offering tractor parts to America' s family farmers. Today they are a leading edge retailer with annual revenues of approximately $6.8 billion. The subject property is located in Midvale Park in Tucson, which is a master-planned community in the southwestern Tucson metropolitan area. It is minutes from Tucson International Airport and Tucson Spectrum shopping center; a ±968,900-square foot power center that features national retailers such as Target, JCPenney, Kirkland' s, LA Fitness, Lane Bryant, Marshalls, Mattress Firm, McDonald' s, Michaels, OfficeMax, Old Navy, Olive Garden, Starbucks, PetSmart, Red Lobster, Ross and many more. The area is home to approximately 426,544 residents in a ten-mile radius and ±761,728 residents in a fifteen-mile radius (Source: Esri). As of 2015, The Greater Tucson Metro area has exceeded a population of one million. Valencia Road boasts ±47,162 vehicles per day with over 70,430 vehicles per day on I-19 freeway (Source: pagnet.org). The I-19 freeway serves as a very important corridor, connecting Mexico to Tucson and Phoenix via the I-19 and I-10 freeways. It serves as a fast route from Tucson and Phoenix (via I-10) to the Mexican border.