Clovis, CA - Tractor Supply Co

Description:

• The tenant recently executed a brand new 20-year lease with three (3) five-year renewal options, demonstrating a long-term commitment to the site
• The lease features 5% rental increases every five years throughout the initial term and option periods, providing consistent NOI growth and a built-in hedge against inflation
• Tractor Supply Company continues to demonstrate strong financial performance and is one of the nation’s leading rural lifestyle and agricultural retailers, operating over 2,400 locations nationwide

• The subject property is located within Loma Vista Marketplace, a 181,000 SF master-planned retail center positioned at the southwest corner of Shaw Avenue and Leonard Avenue in Clovis, California
• Loma Vista Marketplace is anchored and supported by a strong mix of national and regional tenants including Grocery Outlet, Ross Dress for Less, Five Below, Ulta Beauty, Dollar Tree, Dutch Bros, Jersey Mike’s, Wingstop, Waba Grill, and McDonald’s
• The center benefits from strong traffic exposure along Shaw Avenue and Leonard Avenue, with combined traffic counts exceeding 23,500 vehicles per day, enhancing visibility and accessibility for the subject property
• Nearby retail concentrations include Sierra Vista Mall (Target, Kohl’s), Sierra Pavilion (Lowe’s, FoodMaxx, At Home), and a dense stretch of national brands and service-oriented retail along the Shaw Avenue corridor

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Listing ID: a28TP000002Bn4HYAS