Tractor Supply Rare True NNN Corp. Lease

The Snyder Carlton National Net Lease Team is pleased to offer to investors a rare opportunity to acquire a single tenant NNN leased Tractor Supply in Weslaco, TX. Tractor Supply Company (NASDAQ: TSCO), has an investment grade credit rating from S&P of “BBB”, operates over 2,100 locations across 49 States, has annual sales exceeding $14 billion, and is ranked 291 on the Fortune 500 List. The triple net lease has over 14 years remaining in the primary term (recently extended), 10% rent increases and no landlord responsibilities, providing passive cash flows for years to come.

The tenant has successfully operated at this location for over 21 years and has consistently been ranked a top 20% store in both Texas and nationwide according to Creditntell. The subject property comprises a 19,025 SF building on a 3-acre lot, is positioned along US-83 Frontage Road (26,200 VPD) and prospers from excellent visibility and accessibility from US-83 which sees over 70,000 VPD. Nearby retailers include The Home Depot, Lowe’s Home Improvement, Walmart Supercenter, Hobby Lobby, Academy Sports + Outdoors, H-E-B, McDonald’s, Starbucks, Chick-fil-A, Raising Cane’s, Whataburger, Wendy’s, Taco Bell and more.

This is a great opportunity to purchase a well-established Tractor Supply Co in Texas on a rare NNN lease with strong store performance and long-term operating history providing years of worry-free cash flows.