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 Company investment property located in Defuniak Springs, Florida. The tenant recently relocated to this location and signed a brand-new 15 year lease with 4 (5-year) options to extend, demonstrating their commitment to the site. The lease features 5% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is NN with landlord responsibilities limited to roof, structure, foundation, parking lot (re-striping/sealing), & exterior utility lines making it an ideal, low-management investment opportunity for a passive investor. The newly-constructed building will feature a state-of-the-art design with high-quality materials. Tractor Supply is the largest rural lifestyle retailer in the U.S., ranking 293 on the Fortune 500. The Company’s more than 50,000 Team Members are known for delivering legendary service and helping customers pursue their passions.