- 14+ years remaining on the lease with 4 (5-year) option periods to extend, demonstrating their commitment
- The lease features 5% rental increases every 5 years throughout the initial term and options, growing NOI and hedging against inflation
- The lease is signed by the corporate entity (S&P: BBB
- NASDAQ: TSCO)
- Founded in 1938, Tractor Supply Co. is the largest rural lifestyle retailer in the United States with over 2,300 operating stores
Off Market
Callahan, FL - Tractor Supply Co
542507 US Rt 1 | Callahan, FL 32011
Description
Location
- The subject property is ideally fronting US Route 1 and located off the signalized, hard corner intersection of US Route 1 and Dr MLK Jr Ave
- Just off US 301, which runs directly South into Ocala, Tampa, and other major MSAs
- Callahan is known for its timber and agriculture industries, which will allow this location to benefit from the needs of those trades
- A $63M golf entertainment complex—named Pine Royale—is under development in Callahan, situated 5 miles South of the subject site. It will include a lighted 9-hole course, full public waterpark, and 450-stall RV park
Contact
Patrick Nutt
Sr Managing Principal & Co-Head of National Net Lease
954.302.7365954.302.7365[email protected]FL #: BK3120739