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Tractor Supply Company, Cedartown, GA

Tractor Supply Company

Cedartown, GA

Price $3,595,000
Cap Rate CALL FOR DETAILS
NOI CALL FOR DETAILS
Lease Term 15 Years
Lease Type Net, with Landlord Responsible for Roof, Structure, and Parking Lot Replacement
Rental Increases CALL FOR DETAILS
Year Built 2018
Building Size 19,097 SF
Lot Size CALL FOR DETAILS
Status Sold
Lead Broker Information Michael T. Yuras, CCIM
Executive Managing Director
415.481.0788
michael.yuras@cushwake.com
CA RE License #01823291

Scott Crowle
Senior Director
415.604.4288
scott.crowle@cushwake.com
CA RE License #01318288

Vincent Aicale
Executive Director
415.690.5522
vince.aicale@cushwake.com
CA RE License #01728696

Ryan Forsyth
Executive Director
415.413.3005
ryan.forsyth@cushwake.com
CA RE License #01716551

Cushman and Wakefield Inc. LIC. # 00616335
This property is listed in conjunction with Georgia-licensed real estate broker Delta Commercial.

Investment Highlights

NET LEASE WITH SCHEDULED RENT INCREASES TO STRONG NATIONAL TENANT
» Leased to Tractor Supply Company (NASDAQ: “TSCO”) for 15 years, plus four five-year option periods
» 10% rental increases every five years, providing a hedge against inflation
» Tractor Supply is a Fortune 500 company with revenues of $6.8 billion

HIGH-TRAFFIC LOCATION IN PRIMARY RETAIL CORRIDOR
» Excellent visibility and access to 16,300 vehicles per day on U.S. Route 27, one of the region’s primary thoroughfares
» Directly across from Walmart Supercenter and adjacent to Home Depot
» Located in major shopping complex, with several pad sites open for future retail development

CLOSE PROXIMITY TO MAJOR SCHOOLS AND EMPLOYERS
» Next to an industrial park that is home to some of the region’s largest employers, including AT&T’s Cedartown call center, which houses over 400 employees
» Other notable employers—including The Hon Company, with 800 employees—are located just minutes away
» Near Cedartown Middle School (979 students) and Cedartown High School (1,122 students)

NEW 2018 BUILT-TO-SUIT CONSTRUCTION
» High-quality construction completed in early 2018
» Built to Tractor Supply Company’s exact specifications
» Features latest Tractor Supply Company store designs and concepts, including fenced outdoor sales area and ample onsite parking
» New building, limiting near-term deferred maintenance or capital costs

CLICK HERE TO DOWNLOAD CONFIDENTIALITY AGREEMENT


Property Description

SOLD

The property is conveniently located on U.S. Route 27, one of the region’s primary thoroughfares, with excellent visibility and access to 16,300 vehicles per day directly in front of the property. Located in a major retail corridor, the property is directly across from Walmart Supercenter and adjacent to Home Depot. Other tenants in the immediate area include McDonald’s, Papa John’s, Zaxby’s, RadioShack, Dollar Tree, Cato, and AT&T. In addition, several pad spaces are available around the property for future retail development.

The property is centrally located less than three miles from downtown Cedartown. The property is adjacent to an industrial park that is home to some of the region’s largest employers, including AT&T’s Cedartown call center, which houses over 400 employees. Other notable employers—including The Hon Company, with 800 employees—are located just minutes away. Several schools are located nearby, including Cedartown Middle School (979 students) and Cedartown High School (1,122 students). The property is also close to recreational areas, like Cherokee Golf and Country Club, and residential neighborhoods.

Contact Us About This Property

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