306 W College St - Freestanding FOR SALE


Columbiana, AL 35051
$7,433,000 USD
415-413-3005
306 W College St, Columbiana, AL for Sale
$7,433,000 USD
Freestanding - FOR SALE
1/7
null | Request Cap Rate

306 W College St
Columbiana, AL 35051


HIGHLIGHTS

  • New 15-year corporate net lease to Tractor Supply Company.
  • 5% rent increases every five years throughout the lease term.
  • Built in 2026 to Tractor Supply’s latest prototype design.
  • Located at the intersection of State Route 70 and State Route 25.
  • Corporate tenant operates more than 2,400 locations nationwide.
  • Adjacent to expanding residential development and established retailers.

OVERVIEW

306 W College Street presents the opportunity to acquire a newly constructed Tractor Supply Company investment in Columbiana, Alabama, within the Birmingham metropolitan area. The asset is secured by a new 15-year corporate net lease to Tractor Supply Company, the nation’s largest rural lifestyle retailer, operating more than 2,400 locations across 49 states. The lease features 5% rental increases every five years throughout the initial term and four additional option periods, providing a built-in mechanism for long-term income growth. Completed in 2026 and built to Tractor Supply’s latest prototype, the property is situated on a 7.91-acre parcel with a 21,930-square-foot store, 77 parking spaces, a fenced live goods area, and an outdoor display area. The lease structure places responsibility for taxes, insurance, and maintenance on the tenant, with limited landlord obligations related to the roof and structure. The property occupies a highly visible position at the intersection of State Route 70 and State Route 25, two of the area’s primary transportation corridors. The location benefits from direct exposure to local traffic, proximity to established retailers including Piggly Wiggly, Dollar General, CVS, and McDonald’s, and nearby residential growth driven by Springs Crossing, a community with 130 planned homesites. As the county seat of Shelby County, Columbiana continues to attract investment and residential expansion while maintaining convenient access to Birmingham, approximately 26 miles north. Supported by Tractor Supply’s investment-grade credit profile, continued national expansion plans, and strong presence in rural and suburban markets, the offering provides investors with a long-term net leased asset positioned within a growing Alabama community.

FOR SALE DETAILS

PRICE

$7,433,000 USD

PRICE/SF

$339 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tractor Supply Company

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

77

LAND DETAILS

LAND ACRES

7.91 AC

LAND SF

344,560 SF

ZONING

-

APN/PARCEL ID

21-7-26-2-001-001-005

ASK ABOUT THIS PROPERTY

Ryan ForsythCushman & WakefieldMore Info
415-413-3005

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

Ryan ForsythCushman & WakefieldMore Info
415-413-3005

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