Tractor Supply Co: Tehachapi, CA

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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.