1945 Marx Way
Anderson, CA 96007
Tractor Supply Co. · Retail Property For Sale

LEASE: 10+ years remain of 15-year initial term Leases expiring May 31, 2030 plus three 5-year options and one 4-year 11-month option. Tenant is responsible for the real estate taxes, insurance, and most of the maintenance of the property. Landlord’s responsibilities include maintaining the roof (15-year initial warranty), structure, parking lot surface, pylon/monument sign(s) base, and exterior utility lines; and landlord liability insurance. Rent increases 10% every 5 years, including options. The following rent increase is scheduled for June 1, 2025. Tenant has a 30-day Right of First Refusal to purchase the property. TENANT: Founded in 1938, Tractor Supply Company, a Delaware corporation (NASDAQ: TSCO), is the largest operator of retail farm and ranch stores in the United States with 1,790 stores in 49 states, focused on supplying the lifestyle needs of recreational farmers and ranchers. It also serves the maintenance needs of those who enjoy the rural lifestyle, as well as tradesmen and small businesses. Stores are located primarily in towns outlying to major metropolitan markets and in rural communities. They offer the following comprehensive selection of merchandise: livestock and pet products, including those necessary for their health, care, growth, and containment; maintenance products for agricultural and rural use; hardware and tool products; seasonal products, including lawn and garden power equipment; truck, trailer and towing products; and work/recreational clothing and footwear for the entire family. Tractor Supply Company also owns and operates 177 Petsense stores in 26 states. Petsense is a small-box pet specialty supply retailer focused on meeting the needs of pet owners, primarily in small to mid-size communities, and offering a variety of pet products and services. In 2018, Tractor Supply Company generated $7.9 billion net sales, $532 million net income, and a $1.6 billion stockholders’ equity. LOCATION: The Tractor Supply Co. store was constructed and opened in 2015. It is well-located just off of and visible from both California State Highway 273 (22,000± traffic count daily average) and Interstate Highway 5 (55,000± traffic count daily average). Other major retailers in Anderson include Walmart Supercenter, Safeway, Rite Aid, and Ace Hardware; and the Shasta Gateway Outlets, which includes, Eddie Bauer, Dress Barn, Boot Barn, Famous Footwear, Vans Outlet, Maurices, Pendleton, rue21, Grocery Outlet, and Valley Cinemas. The 10-mile trade area has a 2019 estimated 90,680 population and $74,582 average household income. Anderson is located in Shasta County, approximately 200 miles north of San Francisco, 150 miles northwest of Sacramento, and 10 miles southeast of Redding. Anderson has a rich history in timber, ranching and agriculture. In recent years, Anderson has been adding many retail jobs, especially with the opening of a new Walmart Supercenter across the street from the Shasta Outlets. Shasta County is the second highest producing county of timber in California, including the headquarters of Sierra Pacific Industries, the largest timber company in California and second largest in the country. Among the many tourist attractions in Shasta County are Shasta Lake and Mount Lassen.