950 SW Booth Bend Rd - Retail FOR SALE


Mcminnville, OR 97128
$10,153,500 USD
949-506-2009
950 SW Booth Bend Rd, Mcminnville, OR for Sale
$10,153,500 USD
Retail - FOR SALE
1/5
null | Request Cap Rate

950 SW Booth Bend Rd
Mcminnville, OR 97128


HIGHLIGHTS

  • Brand New 15-Year Lease | 5% Scheduled Rental Increases | Corporate Signature (Nasdaq: TSCO)
  • NN Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Across From Lowe’s Home Improvement Center | Nearby Multiple National/Credit Tenants
  • Strong Demographics In 5-Mile Trade Area

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 Co. (Nasdaq: TSCO) investment property located in McMinnville, Oregon. The corporate entity recently signed a brand new 15-year lease with four (5-year) options to extend, demonstrating their long-term commitment to the site. The lease includes 5% scheduled rental increases every five years throughout the initial term and at the beginning of each option period, providing consistent NOI growth and a built-in hedge against inflation. With a NN structure, the tenant is responsible for CAM, taxes, insurance, and most on-site maintenance, while landlord obligations are limited to the roof, structure, foundation, parking lot (excluding snow & ice removal), and exterior utility lines—resulting in an ideal low-management, passive investment. Tractor Supply operates 2,400+ locations nationwide and maintains strong corporate performance with an average unit volume of approximately $6.5MM.

FOR SALE DETAILS

PRICE

$10,153,500 USD

PRICE/SF

$1,015 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tractor Supply | Across from 73-Acre Develpmt

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

86

LAND DETAILS

LAND ACRES

4.6 AC

LAND SF

200,376 SF

ZONING

C-3

APN/PARCEL ID

R4429 02500

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.