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New Tractor Supply | Main Retail Corridor 3296 Burdell Blvd 21,930 SF Retail Building Lebanon, OR 97355 $10,861,000 ($495.26/SF)
Investment Highlights
- Brand New 15-Year Lease | 5% Rent Increases Every 5 Years | Corporate Signature (Nasdaq: TSCO)
- U.S. Highway 20 (21,200 VPD) | Primary Retail Corridor |Strong National/Credit Tenant Presence
- NN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased Tractor Supply Company
(Nasdaq: TSCO) investment property located in Lebanon, Oregon. The corporate entity recently signed a brand new 15-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 5% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. Tractor Supply Company has more than 2,400 locations across the US, and reported a 2024 revenue of over $14.88 Billion.
(Nasdaq: TSCO) investment property located in Lebanon, Oregon. The corporate entity recently signed a brand new 15-year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 5% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN with limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. Tractor Supply Company has more than 2,400 locations across the US, and reported a 2024 revenue of over $14.88 Billion.
Property Facts
Sale Type
Investment
Property Type
Building Size
21,930 SF
Year Built
2025
Price
$10,861,000
Price Per SF
$495.26
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
4.83 AC
Zoning
Z-MU - Mixed Use
Parking
80 Spaces (3.65 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
- Pylon Sign
Nearby Major Retailers
1 of 10
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New Tractor Supply | Main Retail Corridor | 3296 Burdell Blvd
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