4922 Timber Dr - Retail FOR SALE


Lake Park, GA 31636
$7,413,000 USD
407-620-2416
4922 Timber Dr, Lake Park, GA for Sale
$7,413,000 USD
Retail - FOR SALE
1/7
null | Request Cap Rate

4922 Timber Dr
Lake Park, GA 31636


HIGHLIGHTS

  • As A Destination Tenant With An Average 15–20-mile Draw Radius, Tractor Supply Benefits From The Property’s Central Location And Immediate I-75 Access
  • Outstanding visibility with prominent signage along I-75 and Timber Drive, reaching approximately 52,800 vehicles per day from I-75.
  • Landlord Is To Carry Commercial General Liability Insurance And Is Responsible For Capital Expenses Pertaining To The Roof, Structure, Paved Areas
  • 2025 Construction Delivers A Brand-new Building Fully Aligned With Tractor Supply’s Latest Store Prototype, Layout, And Design Requirements.
  • Highly Desirable Location Less Than ½ Mile Off I-75 (52,800 VPD- GDOT) And Directly Off Lakes Blvd.
  • Tractor Supply‘s 20 Year Lease (Including Three Five Year Option Periods) Ensures A Reliable Investment For The Long-term.

OVERVIEW

Marcus & Millichap is proud to present the opportunity to acquire the fee simple interest (land and building ownership) in a newly constructed, freestanding Tractor Supply Co. property located in Lake Park, GA. This investment offers a steady income stream with minimal landlord responsibilities under an NN lease. The tenant, Tractor Supply Co., has executed a brand-new 20- year lease in February 2025 with three additional 5-year extension options, underscoring their long-term commitment to the site. The lease includes 5% rental escalations every five years during the initial term and at the start of each option period, ensuring consistent NOI growth and providing a hedge against inflation. The lease is guaranteed by the corporate entity and structured as NN, making this an ideal low-management investment for passive investors. Founded in 1938, Tractor Supply Co. is the largest rural lifestyle retailer in the United States and ranks at #293 on the 2024 Fortune 500 list. The property offers exceptional visibility and convenient access, strategically located near State Highway 376 with prominent signage along Interstate 75, which experiences approximately 52,800 vehicles per day.

FOR SALE DETAILS

PRICE

$7,413,000 USD

PRICE/SF

$342 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tractor Supply

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Garden Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.84 AC

LAND SF

80,083 SF

ZONING

C-H

APN/PARCEL ID

0198-007

ASK ABOUT THIS PROPERTY

Salim ValianiMarcus & MillichapMore Info
407-620-2416

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Salim ValianiMarcus & MillichapMore Info
407-620-2416

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