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Tractor Supply Company

Tractor Supply operates over 450 stores in 31 states and supplies the needs of recreational farmers, ranchers, tradesman and small businesses. Web site: www.tractorsupply.com

The purchase of a 15 year NNN Net Leased Tractor Supply Property offers the 1031 exchange Buyer a well located Property with a predictable cash flow stream and upside as the lease has increases every five years.

A lease is an absolute 15 year NNN Lease with no landlord responsibilities. Non-recourse financing is available.

Location: New Haven, Michigan just off I-94  
Size: 23,627 square feet on 3.00 acres  
Lease Term: 15 years absolute NNN Lease from 7/2006 with 3/5 year options with 10% rent increases every five years including the options.  
     
Price: $3,470,503  
Cap Rate 6.75%  
Comments: Located on major high traffic State Road  
Location Map Location map  
     
Site Analysis Email for Details  
Future Cap years 5 - 10 of 7.41%  
  years 11-15 of 8.16%  
  Rent increases 10% very five year option.  
     
     

    

nnnrealty@1031nnnrealty.com