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Tractor Supply | Corporate NN 3736 E Highway 44 24,727 SF Retail Building Alice, TX 78332 $4,152,000 ($167.91/SF) 6.50% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Corporate Guaranteed Lease | Options To Extend | Scheduled Rental Increases
  • TX-359 (21,000 VPD) | Strong National/Credit Tenant Presence
  • NN Lease | Fee Simple Ownership | Limited Landlord Responsibilities
  • Strong Demographics In Trade Area

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 investment property located in Alice, Texas. The tenant, Tractor Supply Co. of Texas LP, has approximately 2 years remaining with 3 (5-year) options remaining to extend, demonstrating their commitment to the site. The lease features 10% rental increases 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.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Building Size
24,727 SF
Building Class
B
Year Built
2007
Price
$4,152,000
Price Per SF
$167.91
Cap Rate
6.50%
NOI
$269,884
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
6.14 AC
Zoning
Commercial
Parking
64 Spaces (2.59 Spaces per 1,000 SF Leased)

AMENITIES

  • Dedicated Turn Lane
  • Freeway Visibility
  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Since 1938, Tractor Supply Company has been passionate about serving the needs of recreational farmers, ranchers, homeowners, gardeners, pet enthusiasts and all those who enjoy living Life Out Here. Tractor Supply is the largest rural lifestyle retailer in the U.S. The company's Team Members are known for delivering legendary service and helping customers pursue their passions, whether that means being closer to the land, taking care of animals or living a hands-on, DIY lifestyle. In store and online, Tractor Supply provides what customers need – anytime, anywhere, any way they choose at the low prices they deserve.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 99,999 SF - Lorem Ipsum Jan 0000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
12678-001-000-00
Land Assessment
$222,999
Improvements Assessment
$1,476,943
Total Assessment
$1,699,942
  • Listing ID: 38169312

  • Date on Market: 10/22/2025

  • Last Updated:

  • Address: 3736 E Highway 44, Alice, TX 78332

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