Tractor Supply - New 2023 Prototype Constuction

The Snyder Carlton National Net Lease Team is pleased to offer to qualified investors an opportunity to acquire a brand-new single tenant net leased Tractor Supply Co. in Rogersville, AL. Tractor Supply Company (NASDAQ: TSCO), has an investment grade credit rating from S&P of “BBB”, operates over 2,100 locations across 49 States, has annual sales exceeding $14 billion, and is ranked 291 on the Fortune 500 List. The double net lease comprises a 15-year primary term, four 5-year option periods, 5% rent increases every 5 years, and limited landlord responsibilities, providing stable income for years to come. The subject property is located an hour from Huntsville, AL, often referred to as Rocket City USA, which has experienced record job and population growth in the past several years and is home to numerous aerospace employers and government programs. The new construction 21,930 SF building on a 9.71-acre parcel and is positioned along County Road 70 (Highway 72) which sees over 11,600 VPD. This is a great opportunity to purchase a newly constructed retail asset in Alabama occupied by an investment grade credit tenant on a long term lease with 20 years in option periods, rent increases and limited landlord responsibilities.