3296 Burdell Blvd - Retail FOR SALE


Lebanon, OR 97355
$10,952,000 USD
949-506-2009
3296 Burdell Blvd, Lebanon, OR for Sale
$10,952,000 USD
Retail - FOR SALE
1/9
null | Request Cap Rate

3296 Burdell Blvd
Lebanon, OR 97355


HIGHLIGHTS

  • Brand New 15-Year Lease | 5% Rent Increases Every 5 Years | Corporate Signature (Nasdaq: TSCO)
  • NN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
  • U.S. Highway 20 (21,200 VPD) | Primary Retail Corridor |Strong National/Credit Tenant Presence

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 Company (Nasdaq: TSCO) investment property located in Lebanon, Oregon. The corporate entity recently 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 limited landlord responsibilities making it an ideal, low-management investment opportunity for a passive investor. Tractor Supply Company has more than 2,400 locations across the US, and reported a 2024 revenue of over $14.88 Billion.

FOR SALE DETAILS

PRICE

$10,952,000 USD

PRICE/SF

$499 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

New Tractor Supply | Main Retail Corridor

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

4.83 AC

LAND SF

210,395 SF

ZONING

Z-MU

APN/PARCEL ID

12S 02W 23B 00100

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.