Tractor Supply Company | Piedmont, MO
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.
BELOW MARKET RENT | FORMER WALMART RETROFIT
The Subject Property, formerly a Walmart, has been fully renovated to accommodate Tractor Supply. With Tractor Supply retrofitting the building, the rental rate is well below market for Piedmont.
HIGHLY PASSIVE 15 YEAR LEASE WITH 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.
PIEDMONT, MISSOURI | AGRICULTURE REGION | COUNTY SEAT
Situated in Piedmont, Missouri, the Subject Property is located at 15 Hal’s Plaza Dr. and sees over 7,500+ vehicles per day. The Subject Property is positioned adjacent to the Piedmont Municipal Airport and is surrounded by several large national retailers such as: O’Reilly, McDonald’s, Casey’s, Sonic, and others. Piedmont supports many of the surrounding communities and is the county seat of Franklin 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.