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Tractor Supply Company, Grass Valley, CA

Tractor Supply Company

CA, USA

Price CALL FOR DETAILS
Cap Rate CALL FOR DETAILS
NOI CALL FOR DETAILS
Lease Term 15 Years
Lease Type Net, with Tenant Responsible for Roof, Structure, and Parking Lot Replacement
Rental Increases CALL FOR DETAILS
Year Built 2018
Building Size 19,034 SF
Lot Size CALL FOR DETAILS
Status Sold
Lead Broker Information Ryan Forsyth
Cushman & Wakefield
415.413.3005
ryan.forsyth@cushwake.com
CA RE License #01716551

Vincent Aicale
Cushman & Wakefield
415.690.5522
vince.aicale@cushwake.com
CA RE License #01728696

Michael T. Yuras, CCIM
Cushman & Wakefield
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

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
» 5% 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 GRASS VALLEY’S PRIMARY RETAIL CORRIDOR
» Excellent visibility and access to 12,920 vehicles per day on Nevada City Highway
» Immediate access to State Highway 49, one of the region’s primary thoroughfares, with a traffic count of 48,200 vehicles per day
» Located in Grass Valley’s primary retail corridor and surrounded by large shopping centers and notable national tenants

CLOSE PROXIMITY TO MAJOR SCHOOLS AND EMPLOYERS
» Minutes from Sierra Nevada Memorial Hospital, a 122-bed hospital that is also the largest employer in the county, with 875 staff members
» Near Grass Valley’s Sierra College campus and Nevada Union High School, which have a combined enrollment of over 5,700 students

NEW 2018 BUILT-TO-SUIT CONSTRUCTION
» High-quality construction expected to be completed in early 2018
» Built to Tractor Supply Company’s exact specifications
» Features latest Tractor Supply Company store designs and concepts, including a 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 located on Nevada City Highway, with excellent visibility and access to 12,920 vehicles per day. The property enjoys convenient access to State Highway 49, one of the region’s primary thoroughfares, which experiences a high traffic count of 48,200 vehicles per day near the property. Located in Grass Valley’s primary retail corridor, the property is near several large shopping centers and major national retailers, including Fowler Center, which is anchored by Save Mart Supermarkets and True Value Hardware. Other notable retailers near the property include Safeway, CVS, Walgreens, Grocery Outlet, Rite Aid, O’Reilly Auto Parts, Dollar General, and many others.

The property is located approximately two miles from downtown Grass Valley and is close to several major schools and employers. Located just minutes away is Sierra Nevada Memorial Hospital, a 122-bed hospital that is also the largest employer in the county, with 875 staff members. The property is also less than a mile from both Grass Valley’s Sierra College campus and Nevada Union High School. The two schools have a combined enrollment of over 5,700 students.

Contact Us About This Property

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