
Rogue Valley Mall - Sale
1600 N Riverside Ave, Medford, OR, 97501-4652, US
644,332 sf
JLL is pleased to exclusively offer for sale the Tractor Supply Portfolio, which comprises five retail locations totaling 105,397 SF across Pennsylvania, Virginia, North Carolina and South Carolina (the “Portfolio” or “Properties”). The Properties are 100% occupied by Tractor Supply Company (collectively, “Tractor” or “Tenant”), the largest rural lifestyle retailer in the United States, serving the needs of recreational farmers, ranchers, homeowners, gardeners, pet enthusiasts and ‘those who enjoy the rural lifestyle’. Headquartered in Brentwood, TN and ranking #291 on the Fortune 500, Tractor operates 2,296 retail stores throughout 49 states.
This opportunity offers investors the ability to acquire a geographically diversified net lease portfolio of scale featuring assets occupied by an investment grade tenant. The portfolio has 13.9 years of weighted average lease term remaining and minimal landlord expense responsibilities, creating a unique opportunity to control a portfolio of long-term net lease assets with a combination of credit tenancy, build-to-suit improvements, exposure to a domestically-oriented operator, and national footprint.