Tractor Supply Company | Tucson, AZ
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 in the first quarter of 2022 saw its eighth consecutive quarter in which comparable store sales showed growth.
10 YEARS REMAINING WITH RARE 10% RENTAL INCREASES
Tractor Supply Company is operating under a 15-year lease with minimal landlord obligations which commenced in August of 2017. There are 10% rental increases every 5 years throughout the primary term and at the beginning of each of the four option periods.
EXCEPTIONALLY WELL LOCATED WITHIN THE TUCSON MARKET
The Property is located in the heart of the Tucson market just off Interstate 19 on W. Valencia Road. The subject property sees close to 50,000 vehicles per day and is within close proximity to other national retailers such as Walmart, CVS, Walgreens, Starbucks, McDonalds, Lowe’s, among others. Within 5-miles of the Property, the population is over 155,000.
UNIVERSITY CITY – SECOND LARGEST MSA IN ARIZONA – HIGH GROWTH MARKET
Tucson is the second largest city in the state of Arizona right behind Phoenix, and the 33rd largest city in the United States and the 58th largest MSA in the United States. Enjoying 10% growth in the past two decades Tucson is a popular tourist destination with more than 3.5 million visitors annually. Tucson is also home to the U of AZ which has over 50,000 students and has $2.1B economic impact on the city. Tucson has the highest concentration of startups of any U.S. city its size and is ranked as a top five city for entrepreneurs by Entrepreneur Magazine.
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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.