Tractor Supply Company in Florida, is currently under construction. This particular location showcases Tractor Supply Company’s latest corporate initiatives such as a Garden Center, Feed Center, and a spacious 20,000 square foot fenced-in outdoor display area, catering to growing consumer needs.
Description
This modified NN lease, has a fresh 15-year term and four potential five-year extensions, includes built-in 5% rent increases every five years to protect against inflation. It also boasts a strong corporate guarantee from publicly traded Tractor Supply Company (TSCO), with a BBB/Baa1 rating. This secure investment opportunity is enhanced by the property’s prime location in Florida, as well as its nationwide presence with over 2,200 locations. Plus, the NNN structure of the lease significantly limits landlord responsibilities to just roof, structure, parking, and general liability insurance. Don’t miss out on the chance to acquire this lucrative single-tenant investment.
Boasting prime visibility and convenient access, this Tractor Supply Company is situated in the bustling hub of industrial and retail districts. This location is surrounded by upscale neighborhoods, luxurious apartment and condo complexes, as well as prestigious country clubs. offering a coveted spot for success. In close proximity, there are also more than twenty ranches and farms, along with several State Parks, Reservations, and Wildlife Management Areas that generate a strong demand for rural and agricultural goods.
The area produces a total of $388 million in agricultural products annually. There are over 330 farms in the county, accounting for 117,671 acres of farmland with an average farm size of 538 acres. Between 2017 and 2022, the average farm size has increased by 17%.
Highlights of Investment
Completion date set for late summer 2024 for brand new construction.
Prototype Featuring Outdoor Garden Area, Feed Center, and 23,729 SF Fenced Outdoor Display.
Nearly 322 farms in the area produce over $189 million in agricultural products, fueling the local economy.
There are 148,461 acres of farm land in Collier County, with an average farm size of 322 acres.
A corporate guaranteed lease with an investment grade tenant (BBB S&P Rating / Baa1).
There are currently 15 years left on the modified NN lease with limited landlord responsibilities.
5% rental increases every five years.
Numerous State Parks, Reservations, and Wildlife Management Areas are nearby, supporting the demand for rural and agricultural products.