Tractor Supply Co
Scottsville, KY
Key Details
Price: | $1,848,000 |
---|---|
Cap Rate: | 6.25% |
Annual Rent: | $115,500 |
Address: | 1138 Old Gallatin Road, Scottsville, Kentucky 42164 |
Property Type: | Retail |
Lease Type: | Triple Net (NNN) |
Property Data
Original Lease Term: | 15 Years |
---|---|
Lease Commencement: | 7/1/2025 |
Lease Expiration: | 1/31/2041 |
Lease Term Remaining: | 15 Years |
Rental Increases: | 5.00% Every 5 Years |
Lot Size: | 4.33 Acres |
Building Size: | 34,994 SF |
Year Built: | 1999 |
NNN Pro and Bang Realty are pleased to present the exclusive listing for a Tractor Supply Co located at 1138 Old Gallatin Road, Scottsville, Kentucky 42164. The site consists of roughly 34994 rentable square feet of building space on an estimated 4.33-acre parcel of land. This Tractor Supply Co is subject to a 15-year Triple Net (NNN) lease, which commenced 7/1/2025. The current annual rent is $115,500 and has scheduled increases of 5.00% Every 5 Years.
About the Investment
- Long Term Double-Net (NN) Lease With Limited Landlord Responsibilities | This Tractor Supply Co. features a long term 16-year lease, with minimal landlord responsibilities limited to roof & structure.
- Recently Renovated Roof | Tractor Supply Co. recently renovated the roof of the building, therefore boosting the value of the property and reducing future maintenance costs for potential investors.
- Strong Corporate Guarantee | The lease features a corporate guarantee from Tractor Supply Co., which operates over 2,200 stores across 49 states. Tractor Supply is the largest rural lifestyle retailer in the U.S., ranking 293 on the Fortune 500 list and is publicly traded on the NASDAQ.
- Scottsville Economic Development | This Tractor Supply Co also benefits from Belmark's recent $99 million investment to develop a new manufacturing facility in Scottsville. The 156,000- square-foot flexible packaging plant will create over 160+ new quality jobs and is slated to be completed by 2026.
- Growing Market | Scottsville was ranked in the top 10 growing cities in Kentucky. Since 2020, Scottsville's population has grown by over 5.5% and is projected to grow by another 1.5% over the next 5 years. Contributing to Scottsville's growth is the presence of large industrial leaders like Smuckers, Halton, and Dollar General having facilities in Allen County (Per WBKO).
Key Details
Price: | $1,848,000 |
---|---|
Cap Rate: | 6.25% |
Annual Rent: | $115,500 |
Address: | 1138 Old Gallatin Road, Scottsville, Kentucky 42164 |
Property Type: | Retail |
Lease Type: | Triple Net (NNN) |
Property Data
Original Lease Term: | 15 Years |
---|---|
Lease Commencement: | 7/1/2025 |
Lease Expiration: | 1/31/2041 |
Lease Term Remaining: | 15 Years |
Rental Increases: | 5.00% Every 5 Years |
Lot Size: | 4.33 Acres |
Building Size: | 34,994 SF |
Year Built: | 1999 |
Talk to the Pros
Glen Kunofsky
gkunofsky@nnnpro.com
License: NY: 49KU1129178
Matthew Anuszkiewicz
manuszkiewicz@nnnpro.com
License: NY: 10401294046
Joseph Kelly
jkelly@nnnpro.com
License: NY: 10401386896
Broker of Record
Brian Brockman
Bang Realty, Inc
License: 204982
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This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.