New Texas Tractor Supply | Rare 21 Year Lease

$6,542,000
For Sale

7478

Property ID

23,957 SqFt

Size

Description

Marketing Description

Sage Capital Partners is pleased to present this new construction Tractor Supply store with a 21-year primary lease term. The store is located along Highway 175 which is the major east-west corridor.

The new building features Tractor Supply’s new prototype Garden Center and “Buy online, pickup in store (BOBIS)” drive through lane. It has full concrete block construction, upgraded concrete parking lot, and a 15-year roof warranty. Tractor Supply has entered into a new 21 year corporate lease agreement featuring four 5-year extension options and 5.0% rent increases every five years.

Investment Highlights

  • New 2022 Construction
  • RARE 21 Year Corporate Lease
  • New prototype Garden Center and drive through
  • Upgraded concrete parking lot
  • 15-year roof warranty
  • Minimal landlord responsibilities
  • Traffic counts: 5,922 AADT Highway 175
  • Located between the popular Lake Palestine recreation area and top-rated Pine Dunes Golf Resort

Address

Address: 2770 US-175, Frankston, TX 75763
  • Province / State: Texas
  • City / Town: Frankston
  • Postal code / ZIP: 75763
  • Property ID 7478
  • Price $6,542,000
  • Property Type Retail
  • Property status For Sale
  • Year Built 2022
  • Size 23,957 SqFt
  • Land area 6.00.81 Acres
  • Sellers Motivation High
  • Number of Units 1

Contact

Justin Wilson

Property Seller
8012017466
Jwilson@sageip.com
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