10616 Bald Hill Rd SE - Freestanding FOR SALE


Yelm, WA 98597
$10,338,000 USD
949-506-2009
10616 Bald Hill Rd SE, Yelm, WA for Sale
$10,338,000 USD
Freestanding - FOR SALE
1/9
null | 5.11% Cap Rate

10616 Bald Hill Rd SE
Yelm, WA 98597


HIGHLIGHTS

  • Brand New, 15-Year Lease | 5% Rent Increases every 5 Years | Corporate Signature (Nasdaq: TSCO)
  • NN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Adjacent to Signalized, Hard-Corner Intersection (21,800 VPD)

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased Tractor Supply Co. (Nasdaq: TSCO) investment property located in Yelm, Washington. The corporate entity recently signed a 15-year deal, demonstrating their commitment to the site. The lease features scheduled 5% rental increases throughout the initial term and at the beginning of each option period, steadily growing NOI and providing a hedge against inflation. The lease is NN with limited landlord responsibilities, making it an ideal, low-management investment opportunity for a passive investor. Tractor Supply Company operates more than 2,400 locations across the United States and continues to perform as the nation’s leading rural lifestyle retailer, reporting strong financial metrics and consistent revenue growth.

FOR SALE DETAILS

PRICE

$10,338,000 USD

PRICE/SF

$440 USD /SF

CAP RATE

5.11%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tractor Supply | New, 15-Yr Lease | 5% Bumps

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

6.74 AC

LAND SF

293,594 SF

ZONING

C-2

APN/PARCEL ID

64303200700

ASK ABOUT THIS PROPERTY

Calvin ShortSRS National Net LeaseMore Info
949-506-2009

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Calvin ShortSRS National Net LeaseMore Info
949-506-2009

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.