Tractor Supply Company
100% LEASED AND GUARANTEED BY TRACTOR SUPPLY COMPANY
The Subject Property is fully leased and guaranteed by Tractor Supply Company (S&P: BBB). TSC is ranked #380 on the Fortune 500 list and is experiencing tremendous growth in store counts and financial metrics.
STRONG PERFORMANCE THROUGH THE COVID-19 PANDEMIC
TSC was recognized as an Essential Retailer throughout the Covid-19 Pandemic; and has recently released strong Q3 performance metrics, including: Net Sales up 31.4%; Earnings Per Share up 58.8%; and Same Store Sales up 26.7%.
PROMINENT LOCATION IN CHATTANOOGA, TENNESSEE MSA
The Subject Property is exceedingly well located directly off Interstate 59 in Trenton, Georgia – less than 20 miles from downtown Chattanooga.
BRAND NEW 2021 BUILD-TO-SUIT CONSTRUCTION
The Subject Property is currently under construction as the latest TSC prototype and scheduled to be completed in April 2021.
15 YEAR PRIMARY LEASE TERM
TSC signed a 15 year lease with additional options to extend the lease. There are contractual 5% rental increases every 5 years throughout the primary term and in the option periods.
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The information contained herein has been obtained from sources deemed reliable or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice.