Tractor Supply Company – Norwich, New York
Retail
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 operates over 2,300 stores in 49 states. Starting in 2025, Tractor Supply plans to accelerate store growth to 90 stores per year.
CUTTING-EDGE TRACTOR SUPPLY PROTOTYPE DESIGN RETAIL STORE
The Subject Property boasts Tractor Supply Company’s cutting edge prototype retail store design, which includes their brand new state-of-the-art outdoor garden center, TSC’s newly implemented “Buy-online-pickup-in-store (BOPIS)” drive through lane, along with the company’s brand new “Project Fusion” store layout: which is a redesign of the in-store layout that is targeted at enhancing the customer’s overall shopping experience.
HIGHLY PASSIVE 15 YEAR NN LEASE WITH 5% RENTAL INCREASES
Tractor Supply Company is operating under a highly passive 15-year lease with minimal landlord obligations. The lease boasts 5% rental increases every 5 years throughout the primary term and at the beginning of each of the four option periods.
NORWICH, NY | HIGHWAY FRONTAGE | AGRICULTURE REGION
Located in Norwich, New York, the Subject Property is situated right along Highway 12 and sees over 13,500 vehicles per day. The subject property is surrounded by several large national brands such as: Walmart, Lowe’s, Taco Bell, KFC, and many others. Norwich supports many of the surrounding communities and is the largest city and the seat of Chenango county.
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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.