Dry Good

Tractor Supply

600 S Oklahoma Dr, Celina, TX 75009

Listing Price: $5,350,000

Cap Rate
5.20%
Tenant Name
Tractor Supply
Years Remaining On Lease
11.2
Gross SF
21,930
Guarantor
Corporate Guarantee
Rentable SF
21,930
Price/Gross SF
$243.96
Lease Type
Double Net
Rent Per Square Feet
$12.68

Investment Overview

The site constructed in 2017 consists of 21,930 rentable square feet of building space and sits on an approximately 3.71 acres of land. Tractor Supply is subject to 12 years remaining of a 15-Year Double Net (NN) Lease. The base rent shall be $278,000 with 5% increases every five years. There will be four five-year tenant renewal options with 5% increases in each of the five-year option periods, extending the total possible lease to 32 years.

Investment Highlights

  • Tractor Supply is a Fortune 500 Company with 2019 Revenues of $8.35 Billion
  • 1,844 Tractor Supply Stores in 49 States As of December 28, 2019
  • Explosive Growth in Celina by 89.55%

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    License(s): TX: 9002994

    Texas

Listing Price: $5,350,000

Cap Rate
5.20%
Tenant Name
Tractor Supply
Years Remaining On Lease
11.2
Gross SF
21,930
Guarantor
Corporate Guarantee
Rentable SF
21,930
Price/Gross SF
$243.96
Lease Type
Double Net
Rent Per Square Feet
$12.68

Investment Highlights

  • Tractor Supply is a Fortune 500 Company with 2019 Revenues of $8.35 Billion
  • 1,844 Tractor Supply Stores in 49 States As of December 28, 2019
  • Explosive Growth in Celina by 89.55%

Investment Overview

The site constructed in 2017 consists of 21,930 rentable square feet of building space and sits on an approximately 3.71 acres of land. Tractor Supply is subject to 12 years remaining of a 15-Year Double Net (NN) Lease. The base rent shall be $278,000 with 5% increases every five years. There will be four five-year tenant renewal options with 5% increases in each of the five-year option periods, extending the total possible lease to 32 years.

Exclusively Listed By

Broker of Record

  • Tim Speck

    Senior Vice President / Division Manager

    License(s): TX: 9002994

    Texas

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