2400 N 4th St - Freestanding FOR SALE


Red Oak, IA 51566
$2,080,000 USD
913-956-5817
2400 N 4th St, Red Oak, IA for Sale
$2,080,000 USD
Freestanding - FOR SALE
1/1
null | 7.25% Cap Rate

2400 N 4th St
Red Oak, IA 51566


HIGHLIGHTS

  • Low Price Point Tractor Supply Co
  • Fortune 500 & National Credit Tenant
  • Two 5-Year Options to Renew at the great of current rent or a 5-year CPI

OVERVIEW

NAI Heartland is pleased to present a 22,950 SF, free-standing Tractor Supply located in Red Oak, Iowa. The tenant, Tractor Supply (TSC) is ranked #296 on the Fortune 500 list and is a nationally credited tenant. TSC has two 5-year options to renew at the greater of current rent or a 5-year CPI. Tractor Supply currently operates over 2,400 stores with plans to open an additional 100 stores in 2026. The company is aiming for 3,200 locations across 49 states by 2030. This is an ideal opportunity for an investor to purchase an income real estate asset with absolutely zero management responsibilities. The tenant is responsible for all property taxes, insurance, and capital expenditures including the roof, structure & HVAC.

FOR SALE DETAILS

PRICE

$2,080,000 USD

PRICE/SF

$91 USD /SF

CAP RATE

7.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.71 AC

LAND SF

161,399 SF

ZONING

-

APN/PARCEL ID

600-62-11-260040-00

ASK ABOUT THIS PROPERTY

Brandon HeckNAI HeartlandMore Info
913-956-5817

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Brandon HeckNAI HeartlandMore Info
913-956-5817

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