Dry Good
Tractor Supply - California, MO
1400 W Buchanan St, California, MO 65018
Listing Price: $1,858,000
Cap Rate
6.60%
Tenant Name
Tractor Supply Co
Years Remaining On Lease
7.3
Gross SF
22,500
Guarantor
No Guarantee
Rentable SF
22,500
Price/Gross SF
$82.58
Lease Type
Double Net
Rent Per Square Feet
$5.45
Investment Overview
Marcus & Millichap is pleased to present for sale Tractor Supply Co. Double-Net Lease with 7.7 Years Remaining in California, Missouri. Located Along Buchanan Street – California’s Primary East-West Arterial, which Connects to State Highway 50.
Investment Highlights
- Tractor Supply Co. Double-Net Lease with 7.7 Years Remaining in California, Missouri
- Low Rent of Only $5.45 per Square Foot; Offered Below Replacement Cost at $83 per Square Foot
- Former Orscheln Farm & Home Since 2006; Tractor Supply Acquired 81 Orscheln Stores in October 2022 for $238 Million
- Property was Built-to-Suit for Orscheln in 2006 – Modern 22,500 Square Foot Steel Building
- TSCO has Completed Store Rebranding and Remodel, Demonstrating Commitment to Site
- Minimal Landlord Responsibilities – Mostly Roof/Structure/HVAC Replacement
- Tenant Self-Maintains Parking Lot, Common Area Maintenance and Insurance, Reimburses Taxes
- Located Along Buchanan Street – California's Primary East-West Arterial, which Connects to State Highway 50
Listing Price: $1,858,000
Cap Rate
6.60%
Tenant Name
Tractor Supply Co
Years Remaining On Lease
7.3
Gross SF
22,500
Guarantor
No Guarantee
Rentable SF
22,500
Price/Gross SF
$82.58
Lease Type
Double Net
Rent Per Square Feet
$5.45
Investment Highlights
- Tractor Supply Co. Double-Net Lease with 7.7 Years Remaining in California, Missouri
- Low Rent of Only $5.45 per Square Foot; Offered Below Replacement Cost at $83 per Square Foot
- Former Orscheln Farm & Home Since 2006; Tractor Supply Acquired 81 Orscheln Stores in October 2022 for $238 Million
- Property was Built-to-Suit for Orscheln in 2006 – Modern 22,500 Square Foot Steel Building
- TSCO has Completed Store Rebranding and Remodel, Demonstrating Commitment to Site
- Minimal Landlord Responsibilities – Mostly Roof/Structure/HVAC Replacement
- Tenant Self-Maintains Parking Lot, Common Area Maintenance and Insurance, Reimburses Taxes
- Located Along Buchanan Street – California's Primary East-West Arterial, which Connects to State Highway 50
Investment Overview
Marcus & Millichap is pleased to present for sale Tractor Supply Co. Double-Net Lease with 7.7 Years Remaining in California, Missouri. Located Along Buchanan Street – California’s Primary East-West Arterial, which Connects to State Highway 50.
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