Tractor Supply | Affluent Dallas suburb | High growth area

7474

Property ID

21,950 SqFt

Size

Description

Marketing Description

Sage Capital Partners is pleased to present this greater Dallas market Tractor Supply property located in the affluent Cross Roads area. The store is located along Highway 377 which is scheduled to become a 6-lane urban roadway to accommodate the enormous growth of the area. Tractor Supply has operated successfully in this location since 2017.

The building features full concrete block construction, upgraded concrete parking lot and a 15-year roof warranty. Tractor Supply has entered into a corporate lease agreement with four 5-year extension options and 5.00% rent increases every five years.

Investment Highlights

■ Corporate lease with minimal landlord responsibilities

■ Full concrete block building, upgraded concrete parking lot

■ 15 year roof warranty

■ Low rent and cost per square foot

■ Significant real estate appreciation since construction completion

■ 6-lane urban roadway planned on Highway 377

■ Located just north of Walmart shopping center

■ Only 40 miles north of downtown Dallas

■ Over 25% projected growth within 5 miles from 2021-2026

■ Over $126,000 average household income within 5 miles

■ 9,364 AADT on Highway 377

Address

Address: 6001 US-377, Cross Roads, TX 76227
  • Province / State: Texas
  • City / Town: Cross Roads
  • Postal code / ZIP: 76227
  • Property ID 7474
  • Price $5,048,635
  • Property Type Retail
  • Property status For Sale
  • Year Built 2017
  • Size 21,950 SqFt
  • Land area 3.00.94 Acres
  • Sellers Motivation Motivated
  • Number of Units 1

Contact

Justin Wilson

Property Seller
8012017466
Jwilson@sageip.com
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