Tractor Supply Co: Tehachapi, CA
Tractor Supply Co
480 North Mill Street, Tehachapi, CA 93561
Property Details
Offering Price:
Gross Leasable Area:
Lease Term Remaining:
Lot Size:
Year Built:
$6,300,000
19,031 Sq Ft
7 Years
2.75 Acres
2014
HIGHLIGHTS
INVESTMENT GRADE CREDIT TENANT Tractor Supply Co is a publicly traded company (NASDAQ: TSCO) with a $21.69 Billion Market Cap and annual sales growth of 19.9% in 2021. Record sales in 2021 surpassed $12B.
NEAR-TERM RENT GROWTH BOOSTS VALUE Next 10% rental increase is scheduled for April 2024, followed by 10% rental increases every five years, including in the option periods.
TRACTOR SUPPLY CO: RECORD LEVEL SALES Fiscal Year 2021 and Second Quarter 2022 saw continuing new record level sales and earnings performance, as well as broad-based market share gains.
CORPORATELY GUARANTEED by best-in-class, investment grade credit tenant Tractor Supply Company, an A2 rated company, S&P rated BBB Stable.
BUILT-TO-SUIT CONSTRUCTION in 2014. Tenant-specific design includes a 19,031 square foot building featuring an additional 15,000 square foot outdoor sales yard.
MAXIMUM VISIBILITY FROM CA HIGHWAY 58 Destination location directly adjacent to California Highway 58 (>31,000 vehicles per day) and across from the region's only Home Depot.
