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24930 S Ellsworth Road, Queen Creek, AZ
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24930 S Ellsworth Road
Queen Creek, AZ 85142-7474 - Queen Creek Ret Submarket
3.98 AC (173,369 SF)
For Sale Price:
CBRE is pleased to offer for sale this single-tenant Tractor Supply Company (the Property ) located in the rapidly growing Town of Queen Creek, Arizona just north of the NWC of South Ellsworth Road and East Riggs Road. The offering consists of a newly constructed, ±21,702 square foot Tractor Supply located on an above average size land parcel of 3.98 acres of land. The property is brand new construction and is set to open to the public on October 8, 2016. The initial lease term is 15 years, with rare double digit increases every 5 years in the initial term and throughout the 4, 5 year options.
This Tractor Supply Co. offers a corporate guarantee. Tractor Supply Company is the largest operator of rural lifestyle retail stores in the United States. The company operates over 1,500 retail stores in 49 states, employs more than 23,000 team members and is headquartered in Brentwood, Tennessee. Its stock is traded on the NASDAQ exchange under the symbol TSCO . They were founded in 1938 as a mail order catalog business offering tractor parts to America' s family farmers. Today they are a leading edge retailer with annual revenues of approximately $6.2 billion.
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