7309 Murieta Dr, Rancho Murieta, CA 95683

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a NNN leased Tractor Supply Co. (Nasdaq: TSCO) investment property located in Rancho Murieta, California. The lease is corporately signed and has approximately 12 years of guaranteed term remaining and four, 5-year option periods. There are 5% rental increases every 5 years (next in 2028) throughout the initial term and options, providing a built-in hedge against inflation. The lease structure is a rare, modified NNN lease in which the Landlord is only responsible for roof and structure, resulting in a passive investment. There is also a 20-year roof warranty in place with about 17 years remaining on the term. This structure offers investors a low-management ownership profile with durable cash flow. Tractor Supply operates 2,400+ locations nationwide and maintains strong corporate performance with an average unit volume of approximately $6.5MM.

The Tractor Supply is located along Murieta Drive, the primary commercial corridor serving the Rancho Murieta community. The subject property is positioned within Murieta Marketplace, the area’s dominant retail center and primary shopping destination for the trade area. Murieta Marketplace is anchored by Bel Air Grocery and is supported by a complementary mix of national and regional tenants including Starbucks, Taco Bell, Burger King, Ace Hardware, and USPS, driving consistent daily traffic to the center. The property benefits from limited surrounding retail competition, as Rancho Murieta is a master-planned, gated community with controlled commercial development, creating a captive customer base for essential retail users. The site serves both Rancho Murieta North and South residential communities and is easily accessible from surrounding rural and agricultural areas, aligning well with Tractor Supply’s core customer demographic. The immediate trade area is supported by strong household incomes, with average household incomes exceeding $150,000 within a 1–3 mile radius, and limited big-box retail alternatives nearby. These factors combine to support long-term tenant performance and reinforce the property’s position as a critical retail asset within the Rancho Murieta market.