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Investment Highlights

  • New 15-year corporate net lease to Tractor Supply Company.
  • Built in 2026 to Tractor Supply’s latest prototype design.
  • Corporate tenant operates more than 2,400 locations nationwide.
  • 5% rent increases every five years throughout the lease term.
  • Located at the intersection of State Route 70 and State Route 25.
  • Adjacent to expanding residential development and established retailers.

Executive Summary

306 W College Street presents the opportunity to acquire a newly constructed Tractor Supply Company investment in Columbiana, Alabama, within the Birmingham metropolitan area. The asset is secured by a new 15-year corporate net lease to Tractor Supply Company, the nation’s largest rural lifestyle retailer, operating more than 2,400 locations across 49 states. The lease features 5% rental increases every five years throughout the initial term and four additional option periods, providing a built-in mechanism for long-term income growth.
Completed in 2026 and built to Tractor Supply’s latest prototype, the property is situated on a 7.91-acre parcel with a 21,930-square-foot store, 77 parking spaces, a fenced live goods area, and an outdoor display area. The lease structure places responsibility for taxes, insurance, and maintenance on the tenant, with limited landlord obligations related to the roof and structure.
The property occupies a highly visible position at the intersection of State Route 70 and State Route 25, two of the area’s primary transportation corridors. The location benefits from direct exposure to local traffic, proximity to established retailers including Piggly Wiggly, Dollar General, CVS, and McDonald’s, and nearby residential growth driven by Springs Crossing, a community with 130 planned homesites. As the county seat of Shelby County, Columbiana continues to attract investment and residential expansion while maintaining convenient access to Birmingham, approximately 26 miles north.
Supported by Tractor Supply’s investment-grade credit profile, continued national expansion plans, and strong presence in rural and suburban markets, the offering provides investors with a long-term net leased asset positioned within a growing Alabama community.

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
21,930 SF
Building Class
B
Year Built
2026
Price
$7,433,000
Price Per SF
$338.94
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
7.91 AC
Parking
77 Spaces (3.51 Spaces per 1,000 SF Leased)

Amenities

  • Fenced Lot
  • Wheelchair Accessible
  • Awning
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100

Nearby Major Retailers

Piggly Wiggly
Regions Bank
Snap Fitness 24/7
Renasant Bank

Property Taxes

Property Taxes

Parcel Number
21-7-26-2-001-001-005
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$53,760
  • Listing ID: 41625481

  • Date on Market: 8/10/2026

  • Last Updated:

  • Address: 306 W College St, Columbiana, AL 35051

Contact the Sale Advisor

Tractor Supply Company | 306 W College St

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