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901 FM 509
San Benito, TX 78586
Tractor Supply Company · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
24,430 SF
Building Class
B
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
4.71 AC
Zoning
A-R
Parking
101 Spaces (4.13 Spaces per 1,000 SF Leased)
Frontage
501’ on FM 509

ABOUT 901 FM 509 , SAN BENITO, TX 78586

The Tractor Supply Company is a 24,430 SF retail property located in San Benito, TX. The property is 100% leased by Tractor Supply Company, a publicly traded company (Nasdaq: TSCO) with over 1,700 store locations. The property was built in 2006 and sits on a 4.71-acre site offering 101 parking spaces. Tractor Supply Company has operated at the property since it's construction, and recently extended their lease. There are currently 9.7 years remaining on the lease, with four, 5-year options, demonstrating their strong commitment to the site. The NN lease limits the landlord's responsibilities to the roof, structure and parking lot, while the tenant pays for taxes, insurance and most of the CAM. The lease structure makes it an ideal, low-management investment for an out-of-state, passive investor. The property is located less than 1-mile away from Home Depot and Lowe's Home Improvement, and near a 24-hour Walmart Supercenter, creating strong tenant synergy and promoting crossover shopping to the subject property by increasing consumer traffic. The Property also benefits from strong local demographics in the 5-mile trade area, with nearly 88,000 residents and a $54,700 average household income.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
610851-0010-001000
Land Assessment
$766,850
Improvements Assessment
$1,583,238
Total Assessment
$2,350,088
  • Listing ID: 16407573

  • Date on Market: 6/20/2019

  • Last Updated:

  • Address: 901 FM 509, San Benito, TX 78586

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