Tractor Supply - Suffolk, VA_Actifs en vente

120 Maya Wy, Suffolk, VA, 23435, US

Tractor Supply - Suffolk, VA

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 Suffolk, Virginia (“Property” or “Asset”). Tractor Supply is operating on a NN lease with ±12.3 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.

Broker of Record: Andrew Weir - VA License No. 0225099542

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Caractéristiques de l'actif

Prix attendu

5 999 000 €

Taux de capitalisation

5,85 %

Revenu net

351 000 €

WALT

12.3 années

Surface de l'actif Net

2 122 m²

Année de construction

2023

Taille du terrain Brut

1,74 hectare

Média

Points clés d'investissement

Long-term, attractive lease structure with 12.3 years of remaining lease term and minimal landlord responsibilities
Located at a major transportation route in Virginia with accessibility to 111,000 vehicles per day
Suffolk ranks among Virginia’s fastest-growing municipalities
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
Within Virginia’s largest city with more than 47,000 combined acres of land in active agriculture and farming production
Agricultural sector growth forecast is signaling a boost in equipment demand