Tractor Supply - Shelby, NC_Actifs en vente

630 Earl Road, Shelby, NC, 28152, US

Tractor Supply - Shelby, NC

Description

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer the opportunity to acquire the fee simple interest in the single-tenant Tractor Supply located in Shelby, North Carolina (“Property” or “Asset”). Tractor Supply is operating on a NN lease with ±17.3 years of primary lease term remaining, 5.0% rent escalations every 5 years and four, five-year renewal options with minimal landlord responsibilities.

This opportunity offers investors the ability to acquire long-term passive income stream from a domestically-oriented operator with build-to-suit improvements and investment grade tenancy.

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Caractéristiques de l'actif

Prix attendu

5 289 000 €

Taux de capitalisation

6 %

Revenu net

318 000 €

WALT

17.3 années

Surface de l'actif Net

2 037 m²

Année de construction

2022

Taille du terrain Brut

2,44 hectare

Média

Points clés d'investissement

Long-term, attractive lease structure with 17.3 years of remaining lease term and minimal landlord responsibilities
Located near the intersection of US-74 Bypass with visibility to 44,500 VPD
#11 most visited TSC in North Carolina and in the 95th percentile of most visited TSC locations in the U.S.
Tractor Supply is the largest rural lifestyle retailer in the U.S. and holds an investment-grade 'BBB' rating from S&P with 2024 net sales of $14.9 billion
Shelby is the #1 Micropolitan in North Carolina and #7 in the U.S.
Agricultural sector growth forecast is signaling a boost in equipment demand