Tractor Supply Co. Bushnell, Florida

$4,165,000
Cap Rate: 5.50%
Property type: Single-Tenant Net Lease

Property Details

Cap Rate: 5.50%
Price: $4,165,000
Rentable Square Feet: 19,097
Price PSF: $218.10
Year Built: 2017
Lot Size: 3.90 Acres
Lease Type: NN
Lease Term: 15 Years
Option Periods: 4, 5-Year Options
Rental Increases: 10% Every 5 Years
Lease Expiration: 3/31/2032

1673 West Highway 48
Bushnell, FL 33513

Investment Highlights

  • Brand New, 15-Year, Double Net Lease
  • Four, Five-Year Renewal Options with 10 Percent Rental Increases Every Five Years Throughout the Base Term and Option Periods
  • Brand New Location; Construction was Completed in Winter of 2017
  • Surrounding National Retailers Include Walmart Supercenter, Dollar Tree, AutoZone, CVS, McDonald’s, Wendy’s and Many More
  • 20-Year Roof Warranty in Place
  • Located Off Interstate 75, One Hour West of Orlando

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire Tractor Supply Co. located in Bushnell, FL.  Tractor Supply Co.’s brand new, 15-year, double net (NN) lease features four, five-year renewal options and 10 percent rental increases every five years in both base term and option periods. The lease is corporately guaranteed by Tractor Supply Company. This is a brand-new location, construction was completed in the Winter of 2017.

This 19,097 square foot Tractor Supply Co. property sits on a large 3.90-acre parcel and offers excellent access and visibility directly off Interstate 75, which has a daily traffic count of more than 50,000 vehicles. Surrounding Retailers include Walmart Supercenter, Dollar Tree, AutoZone, CVS, McDonald’s, Wendy’s and many more.  Bushnell is located one hour west of Orlando.

For More Information, Download OM: 

Download Barry Wolfe V-Card

Download Alan Lipsky V-Card