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Miscellaneous

Tractor Supply

4922 Timber Dr, Lake Park, GA 31636

Listing Price: $7,413,000

Tenant Name
none
Years Remaining On Lease
19.1
Gross SF
21,702
Guarantor
No Guarantee
Rentable SF
21,702
Price/Gross SF
$341.58
Lease Type
Double Net

Investment Overview

Marcus & Millichap is proud to present the opportunity to acquire the fee simple interest (land and building ownership) in a newly constructed, freestanding Tractor Supply Co. property located in Lake Park, GA. This investment offers a steady income stream with minimal landlord responsibilities under an NN lease. The tenant, Tractor Supply Co., has executed a brand-new 20- year lease in February 2025 with three additional 5-year extension options, underscoring their long-term commitment to the site. The lease includes 5% rental escalations every five years during the initial term and at the start of each option period, ensuring consistent NOI growth and providing a hedge against inflation. The lease is guaranteed by the corporate entity and structured as NN, making this an ideal low-management investment for passive investors.

Founded in 1938, Tractor Supply Co. is the largest rural lifestyle retailer in the United States and ranks at #293 on the 2024 Fortune 500 list. The property offers exceptional visibility and convenient access, strategically located near State Highway 376 with prominent signage along Interstate 75, which experiences approximately 52,800 vehicles per day.

Investment Highlights

  • As A Destination Tenant With An Average 15–20-mile Draw Radius, Tractor Supply Benefits From The Property's Central Location And Immediate I-75 Access, Capturing Both Local And Regional Consumers.
  • Outstanding visibility with prominent signage along I-75 and Timber Drive, reaching approximately 52,800 vehicles per day from I-75.
  • Landlord Is To Carry Commercial General Liability Insurance And Is Responsible For Capital Expenses Pertaining To The Roof, Structure, Paved Areas, Exterior Utility Lines, And The Base Of The Pylon Si
  • 2025 Construction Delivers A Brand-new Building Fully Aligned With Tractor Supply's Latest Store Prototype, Layout, And Design Requirements.
  • Highly Desirable Location Less Than ½ Mile Off I-75 (52,800 VPD- GDOT) And Directly Off Lakes Blvd. The property benefits from its prime location near Lake Frances Shopping Center (63,000 SF) and Mill Store Plaza Shopping Center (245,000 SF), three retail destinations that attract significant customer traffic and create opportunities for shared visibility and cross-shopping. Nearby multi-family complexes include, Arbor Trace Apartments (67 Units/2 mins from TSC), Oak Terrace at Lake Park (7
  • Tractor Supply's 20 Year Lease (Including Three Five Year Option Periods) Ensures A Reliable Investment For The Long-term. Tenant pays for taxes and maintains most aspects of property Landlord is responsible to carry commercial general liability insurance, capital expenses pertaining to the roof , structure, paved areas, exterior utility lines, and the base of the pylon signs.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Miscellaneous

Tractor Supply

Listing Price: $7,413,000

Tenant Name
none
Years Remaining On Lease
19.1
Gross SF
21,702
Guarantor
No Guarantee
Rentable SF
21,702
Price/Gross SF
$341.58
Lease Type
Double Net

Investment Highlights

  • As A Destination Tenant With An Average 15–20-mile Draw Radius, Tractor Supply Benefits From The Property's Central Location And Immediate I-75 Access, Capturing Both Local And Regional Consumers.
  • Outstanding visibility with prominent signage along I-75 and Timber Drive, reaching approximately 52,800 vehicles per day from I-75.
  • Landlord Is To Carry Commercial General Liability Insurance And Is Responsible For Capital Expenses Pertaining To The Roof, Structure, Paved Areas, Exterior Utility Lines, And The Base Of The Pylon Si
  • 2025 Construction Delivers A Brand-new Building Fully Aligned With Tractor Supply's Latest Store Prototype, Layout, And Design Requirements.
  • Highly Desirable Location Less Than ½ Mile Off I-75 (52,800 VPD- GDOT) And Directly Off Lakes Blvd. The property benefits from its prime location near Lake Frances Shopping Center (63,000 SF) and Mill Store Plaza Shopping Center (245,000 SF), three retail destinations that attract significant customer traffic and create opportunities for shared visibility and cross-shopping. Nearby multi-family complexes include, Arbor Trace Apartments (67 Units/2 mins from TSC), Oak Terrace at Lake Park (7
  • Tractor Supply's 20 Year Lease (Including Three Five Year Option Periods) Ensures A Reliable Investment For The Long-term. Tenant pays for taxes and maintains most aspects of property Landlord is responsible to carry commercial general liability insurance, capital expenses pertaining to the roof , structure, paved areas, exterior utility lines, and the base of the pylon signs.

Investment Overview

Marcus & Millichap is proud to present the opportunity to acquire the fee simple interest (land and building ownership) in a newly constructed, freestanding Tractor Supply Co. property located in Lake Park, GA. This investment offers a steady income stream with minimal landlord responsibilities under an NN lease. The tenant, Tractor Supply Co., has executed a brand-new 20- year lease in February 2025 with three additional 5-year extension options, underscoring their long-term commitment to the site. The lease includes 5% rental escalations every five years during the initial term and at the start of each option period, ensuring consistent NOI growth and providing a hedge against inflation. The lease is guaranteed by the corporate entity and structured as NN, making this an ideal low-management investment for passive investors. Founded in 1938, Tractor Supply Co. is the largest rural lifestyle retailer in the United States and ranks at #293 on the 2024 Fortune 500 list. The property offers exceptional visibility and convenient access, strategically located near State Highway 376 with prominent signage along Interstate 75, which experiences approximately 52,800 vehicles per day.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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