1715 County Rd - Freestanding FOR SALE


Midland, TX 79706
$8,686,000 USD
949-506-2009
1715 County Rd, Midland, TX for Sale
$8,686,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

1715 County Rd
Midland, TX 79706


HIGHLIGHTS

  • Brand New 15-Year Lease | 5% Scheduled Rental Increases | Corporate Signature (Nasdaq: TSCO)
  • NN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
  • New Development National & Credit Tenants Nearby | Located off I-20
  • Strong Demographics In 5-Mile Trade Area

OVERVIEW

SRS National Net Lease is pleased to present the opportunity to acquire the fee simple interest (land & building ownership) in a NN leased Tractor Supply Company (Nasdaq: TSCO) investment property located in Midland, Texas. The corporate entity recently executed a brand-new 15-year lease with four (5-year) options to extend, demonstrating long-term commitment to the site. The lease includes 5% scheduled rental increases every five years throughout the initial term and each option period, providing consistent NOI growth and a built-in hedge against inflation. Tractor Supply continues to perform exceptionally well nationwide, supported by an average unit volume (AUV) of approximately $6.5MM.

FOR SALE DETAILS

PRICE

$8,686,000 USD

PRICE/SF

$363 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tractor Supply Co | New 15yr Corp NN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

77

LAND DETAILS

LAND ACRES

4.9 AC

LAND SF

213,444 SF

ZONING

GOV

APN/PARCEL ID

R000226723

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.