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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

Tractor Supply Company, founded in 1938 in Chicago, Illinois, is a leading U.S. retailer specializing in products for home improvement, agriculture, lawn and garden maintenance, livestock, equine, and pet care. Headquartered in Brentwood, Tennessee, the company operates thousands of stores across 49 states, primarily serving rural and suburban communities. Tractor Supply caters to farmers, ranchers, pet owners, and hobbyists, offering a wide range of products including tools, fencing, animal feed, and outdoor power equipment. The company also owns Petsense by Tractor Supply, a pet specialty retailer, and Allivet, an online pet pharmacy, expanding its footprint in the pet care market. Publicly traded on the Nasdaq under the ticker symbol TSCO, Tractor Supply ranks among the Fortune 500 and continues to grow its omnichannel capabilities to meet evolving customer needs.

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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