Miscellaneous
Tractor Supply Co. | 12.5 Years Remaining | Childersburg, AL
33404 12th Ave SW, Childersburg, AL 35044
Listing Price: $4,626,000
Cap Rate
5.75%
Tenant Name
Tractor Supply Co.
Years Remaining On Lease
12.1
Guarantor
Corporate Guarantee
Rentable SF
35,512
Lease Type
Double Net
Rent Per Square Feet
$7.49
Investment Overview
Marcus & Millichap is pleased to bring market Tractor Supply Co. located in Childersburg, AL.
Tractor Supply Co. | 12.5 Years Remaining | Childersburg, AL
Investment Highlights
- 1980 Construction With Complete Renovations in 2022 For Tractor Supply Co. to Include Outdoor Garden Center and Drive Thru Pick Up Area
- 35,512-SF Building on a Large +/-3.69 Acre Parcel | 12.5 Years Remaining on The Initial 15-Year Double Net Lease | Minimal Landlord Responsibilities
- 5% Rental Increases Every 5 Years and in Each of Four, 5-Year Renewal Options | 6.70% Average Cap Rate Over the Remaining 12 Year Rental Period | Corporately Guaranteed Lease
- Tractor Supply Co. Has Over 2,300 Locations Across 49 States | Tractor Supply Sells a Wide Range of Home, Agriculture, Lawn and Garden maintenance, Livestock, Equine and Pet Care Equipment and Supplies | TSC's Net Sales for The Second Quarter of 2025 Increased 4.5% to $4.44 Billion
- Property Features Three Points of Ingress and Egress, Pylon Sign and a Large, Fully Lit Parking Lot With 300 Spaces
- Corner Location With Strong Visibility Along 12th Ave/US-280 and Limbaugh Ave, Seeing 21,500+ Vehicles Per Day
- Located Along the Main Retail Corridor in Childersburg Near Multiple National Tenants Including Taco Bell, McDonald's, Piggly Wiggly, Days Inn, Subway, CVS, Family Dollar, KFC and More | Childersburg is Apart of the Birmingham-Cullman-Talladega, AL Combined Statistical Area, 35 Miles From Downtown Birmingham and 30 Miles From Talladega SuperSpeedway
- Stable Demographics: Population is Projected to Grow Through 2029 | Unemployment is Below 2% Within 1-Mile
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
Financing By
Miscellaneous
Tractor Supply Co. | 12.5 Years Remaining | Childersburg, AL
Listing Price: $4,626,000
Cap Rate
5.75%
Tenant Name
Tractor Supply Co.
Years Remaining On Lease
12.1
Guarantor
Corporate Guarantee
Rentable SF
35,512
Lease Type
Double Net
Rent Per Square Feet
$7.49
Investment Highlights
- 1980 Construction With Complete Renovations in 2022 For Tractor Supply Co. to Include Outdoor Garden Center and Drive Thru Pick Up Area
- 35,512-SF Building on a Large +/-3.69 Acre Parcel | 12.5 Years Remaining on The Initial 15-Year Double Net Lease | Minimal Landlord Responsibilities
- 5% Rental Increases Every 5 Years and in Each of Four, 5-Year Renewal Options | 6.70% Average Cap Rate Over the Remaining 12 Year Rental Period | Corporately Guaranteed Lease
- Tractor Supply Co. Has Over 2,300 Locations Across 49 States | Tractor Supply Sells a Wide Range of Home, Agriculture, Lawn and Garden maintenance, Livestock, Equine and Pet Care Equipment and Supplies | TSC's Net Sales for The Second Quarter of 2025 Increased 4.5% to $4.44 Billion
- Property Features Three Points of Ingress and Egress, Pylon Sign and a Large, Fully Lit Parking Lot With 300 Spaces
- Corner Location With Strong Visibility Along 12th Ave/US-280 and Limbaugh Ave, Seeing 21,500+ Vehicles Per Day
- Located Along the Main Retail Corridor in Childersburg Near Multiple National Tenants Including Taco Bell, McDonald's, Piggly Wiggly, Days Inn, Subway, CVS, Family Dollar, KFC and More | Childersburg is Apart of the Birmingham-Cullman-Talladega, AL Combined Statistical Area, 35 Miles From Downtown Birmingham and 30 Miles From Talladega SuperSpeedway
- Stable Demographics: Population is Projected to Grow Through 2029 | Unemployment is Below 2% Within 1-Mile
Investment Overview
Marcus & Millichap is pleased to bring market Tractor Supply Co. located in Childersburg, AL.
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
Financing By
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