203 Meadowglen Dr
Ottawa, OH 45875
Tractor Supply Co. · Retail Property For Sale

Forged Real Estate is pleased to exclusively offer the opportunity to acquire the fee simple interest in a single tenant property leased to Tractor Supply Co., (the “Property”) in
Ottawa, Ohio, the county seat of Putnam County. Tractor Supply Company (NASDAQ: TSCO) is the largest rural lifestyle retailer in the United States and a Fortune 500 company.
The company boasts an investment grade credit rating of BBB from Standard & Poor’s. For Fiscal Q2 2026, Tractor Supply reported net sales of $4.54 billion, representing a
2.3% increase over the previous fiscal year second quarter, while gross profit increased 2.6% to $1.68 billion. During the quarter, the company opened 28 new stores, growing its
nationwide footprint to 2,463 locations.
Tractor Supply Co. operates on a fee simple double-net (NN) lease with limited landlord responsibilities. The lease features six years of firm term remaining and includes 5% rental
increases every five years, with the next rent increase occurring in 2027. This upcoming rent increase will enhance rental income and NOI, providing investors with a measurable
increase in their return on investment (ROI) while supporting the asset’s long-term cash flow growth and value appreciation. Strategically positioned in a market with deep
agricultural roots, Tractor Supply Co. benefits from strong alignment between its product offerings and the needs of the surrounding rural and farming communities. As the only
Tractor Supply Co. location within a 15-mile radius, the property benefits from a limited direct competition profile and the ability to serve a broad regional customer base.
As the county seat of Putnam County, the property location of Ottawa positions Tractor Supply Co. within the county’s primary governmental, commercial, and service hub. As the
center of regional economic activity, Ottawa attracts residents from throughout the county for government services, healthcare, shopping, and employment, generating consistent
consumer traffic and supporting a broad trade area. The property benefits from a highly affluent trade area, with average household incomes of $112,000 within a 2-, 7-, and 10-
mile radius. This strong demographic profile supports sustained consumer spending power, enhances tenant sales performance, and provides long-term stability for retailers.