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Tractor Supply Co | Below Market Rent 414 E Pine St 37,250 SF Retail Building Deming, NM 88030 $2,272,000 ($60.99/SF) 5.50% Cap Rate

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Investment Highlights

8 Years Remaining | Corporate Signed Investment Grade Tenant | Scheduled Rental Increases
Main Retail Corridor of Deming | Nearby National Tenants

NN Leased | Fee Simple Ownership | Limited Landlord Responsibilities
Strong Demographics In 5-Mile 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 corporate guaranteed (NASDAQ: TSCO), investment grade (S&P: BBB) Tractor Supply investment property located in Deming, NM. There are 8 years left on the lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 5% 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

Property Type

Retail

Property Subtype

Department Store

Building Size

37,250 SF

Building Class

Year Built/Renovated

1971/2023

Price

$2,272,000

Price Per SF

$60.99

Cap Rate

5.50%

NOI

$125,000

Tenancy

Single

Building Height

1 Story

Building FAR

0.41

Lot Size

2.09 AC

Zoning

C2 - Commercial

Parking

49 Spaces (1.32 Spaces per 1,000 SF Leased)

Frontage

361’ on E Pine St

Corner Lot

Pylon Sign

Retailer
99,999 SF
$9.99
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.