5251 Mad River Pkwy E
Arcata, CA 95521
Tractor Supply | Arcata, CA · Retail Property For Sale

This Tractor Supply features brand new 2018 construction featuring the latest store designs and concepts. There is a 20-year roof warranty in place. There are fourteen (14.5) years remaining on the lease term, plus four (4), five (5) year options. The lease provides for 5% rental increases every five (5) years. The lease is corporately guaranteed by Tractor Supply Company, the largest operator of rural lifestyle stores in America. Tractor Supply is a Fortune 500 company with zero debt (NASDAQ: TSCO). The lease structure is double net (NN), with minimal landlord responsibilities. The newly built building limits near-term deferred maintenance or capital costs. There are 38,709 residents located in the five (5) mile demographic ring, and 129,990 residents located in the thirty (30) mile demographic ring. Tractor Supply is strategically located next to hundreds of acres of farmland and ranches in Humboldt County, implying a built-in customer base. With nearly 1,500,000 acres of combined public and private forest in production, Humboldt County alone produces 30% of the total value of all forest products produced in California. This makes it the top timber producer in California and an ideal location for a Tractor Supply location. Humboldt State University enrolls over 8,000 students and employs 578 faculty members. U.S. News & World Report rates the school “A Top Western University”, while Princeton Review rates it a “Best in the West” college. Humboldt State University is located just 2 miles (5 minutes) from the subject property. Tractor Supply is situated right off Interstate 299 and Redwood Hwy/Hwy 101, which report combined traffic counts of 51,500 cars per day. Tractor Supply is surrounded by several popular retailers including Ray’s Food Place, Dollar Tree, Carl’s Jr., Subway and Harbor Freight Tools, among others. The next closest Tractor Supply is 29 miles (38 minutes) away. This location is the only one serving the city of Arcata.