Tractor Supply Relocation Store - For Sale

$7,930,938

1122 West Barnes Crossing Road, Tupelo, MS 38804

For Sale

Retail

Active

Last Updated: 06/25/2024

Cap Rate: 5.5%

NOI: $436,202

: 21,930 sqft

Lot Area: 5.75 acres

Year Built: 2024

Price Per Sqft: $362

Zoning: Retail

New 15-year Lease with 4, 5-year renewal options
Corporately guaranteed by Tractor Supply Company (NASDAQ: TSCO)
S&P Investment Grade Credit with a “BBB/Stable” bond rating
5% rent increases every 5 years during the Base Term and each Option Period
LL Roof and Structure obligation is offset by GAF Ever Guard 15-Year ТРО roof w/NDL Roof Guarantee
TSC operates 48 stores in the state of Mississippi and 50 in neighboring Alabama.
Tractor Supply is the largest rural lifestyle retailer in the US with 2,181 stores in 49 States
Tractor Supply ranks 291 on the Fortune 500
Brand new high-quality construction, minimal Landlord responsibility
Newest large-format Prototype building, includes 20,000 SF outdoor fenced display w/ Garden Center
Tractor Supply is targeting 3,000 stores nationally with 80 new stores in 2024 and 90 in 2025

	Title
	Offering Memorandum

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