Department Store
Tractor Supply
1330 N Main St, McPherson, KS 67460
Listing Price: $2,564,103
Cap Rate
5.85%
Tenant Name
Tractor Supply
Years Remaining On Lease
9.9
Guarantor
Corporate Guarantee
Rentable SF
40,448
Lease Type
Double Net
Rent Per Square Feet
$3.71
Investment Overview
Marcus & Millichap is pleased to present to market the double net leased Tractor Supply Co. located at 1330 North Main Street in McPherson, Kansas.
Tractor Supply
Investment Highlights
- 40,448-Square foot building occupied by a Tractor Supply on a double net lease with over 10 years remaining, 2 5-year options and built-in rent increases
- Roof was replaced in 2018
- Strong investment grade tenant: Tractor Supply is the largest rural lifestyle retailer in the U.S. and posted record sales in 2Q2022
- Located along a main thoroughfare with traffic volume over 8,000 VPD and near national retailers that include Dollar General, Dillon Food Stores, Dairy Queen, Pizza Hut, Domino's, Subway, and others
- McPherson is home to a Pfizer facility that employs 1,800 personnel; the facility has recently made the news for being a manufacturing site of Pfizer's COVID-19 vaccine
Listing Price: $2,564,103
Cap Rate
5.85%
Tenant Name
Tractor Supply
Years Remaining On Lease
9.9
Guarantor
Corporate Guarantee
Rentable SF
40,448
Lease Type
Double Net
Rent Per Square Feet
$3.71
Investment Highlights
- 40,448-Square foot building occupied by a Tractor Supply on a double net lease with over 10 years remaining, 2 5-year options and built-in rent increases
- Roof was replaced in 2018
- Strong investment grade tenant: Tractor Supply is the largest rural lifestyle retailer in the U.S. and posted record sales in 2Q2022
- Located along a main thoroughfare with traffic volume over 8,000 VPD and near national retailers that include Dollar General, Dillon Food Stores, Dairy Queen, Pizza Hut, Domino's, Subway, and others
- McPherson is home to a Pfizer facility that employs 1,800 personnel; the facility has recently made the news for being a manufacturing site of Pfizer's COVID-19 vaccine
Investment Overview
Marcus & Millichap is pleased to present to market the double net leased Tractor Supply Co. located at 1330 North Main Street in McPherson, Kansas.
