Tractor Supply Company | Muncy PA

Retail

42 Eastern Mall Drive Muncy PA 17756
Price:
$ 4,383,000
Property Size:
18,750 sqft
Lot Size:
4.11 acres
Units:
1
Year Built:
2003
Status:
Sale

100% LEASED AND GUARANTEED BY TRACTOR SUPPLY COMPANY
The Property is fully leased and guaranteed by Tractor Supply Company (Standard Poor’s: BBB). Tractor Supply sits at #291 in the Fortune 500 and in the fourth quarter of 2021 saw its seventh consecutive quarter in which comparable store sales showed growth of more than 10%.

EXCEPTIONALLY RARE ABSOLUTE NNN LEASE
The Subject Property boasts a rare Absolute NNN lease with the landlord having zero obligations.

LONG TERM TENANT COMMITMENT TO LOCATION
Tractor Supply Company has shown strong commitment to this location, which was a build-to-suit in 2003. TSCO and ownership has since agreed to a long term extension that runs through 2031.

RARE 7% RENTAL INCREASES (2 Remaining in Primary Term)
There are two seven percent (7%) increases during the remaining primary term (2024 and 2029) and upon the commencement of each option period.

STRATEGIC CENTRAL PENNSYLVANIA LOCATION
The Subject Property is well positioned in Central Pennsylvania, which is a historically strong performing region for Tractor Supply. The Property is located amongst many national retailers (Sams Club, Target, Dicks Sporting Goods, etc.) and adjacent to the Williamsport regional mall.

STRONG NATIONAL PERFORMANCE RANKING PER Placer.ai
The Subject Property boasts a strong national performance ranking according to Placer.ai.

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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.

Exclusive Listing

D. Andrew Ragsdale, Esq.
Senior Managing Director
918.878.9535
Ken Hedrick
Executive Managing Director
918.878.9540
Jerry Hopkins
Executive Managing Director
918.878.9536
David Dolan
Senior Managing Director
215-246-2738

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