352 River St., Montpelier, VT 05602

Tractor Supply Company | Montpelier, Vermont 352 River Street | $6,352,000 | 6.25% Cap Rate

Touchstone Commercial Partners is pleased to present an exceptional net lease investment opportunity — a freestanding Tractor Supply Company (TSC) located in Montpelier, Vermont, the state capital. Offered at $6,352,000 with a 6.25% cap rate, this 22,620 SF building sits on 5.02 acres and is secured by a long-term lease running through September 2035, with four 5-year renewal options each carrying a rare 10% rental increase — providing investors with a built-in hedge against inflation and dependable long-term income growth.

A Nationally Dominant Performer in a Protected Trade Area

This is not an average Tractor Supply location. With 366,000 site visits over the trailing 12 months, this store ranks #15 out of 2,306 TSC locations nationwide in site visits — placing it in the 99th percentile for customer traffic per Placer.ai. The nearest competing TSC is 30 miles away in Morrisville, VT, giving this location an effectively captive trade area with no cannibalization risk.

Superior Access and Visibility

Situated directly on Route 302 with 18,500 vehicles per day and just 4 minutes from I-89 (24,000 VPD), the property benefits from excellent regional accessibility. The surrounding retail corridor includes CVS, Dollar General, AutoZone, McDonald's, Burger King, and Pizza Hut — anchoring the site as a proven consumer destination. Downtown Montpelier is just 2.5 miles away.

Affluent, Growing Demographics

The property is supported by strong surrounding demographics, with an average household income of $100,000 within 5 miles and $114,976 within 20 miles, across a trade area population of over 81,600. Washington County's economy is driven by state government, healthcare, education, and tourism — providing a stable, recession-resistant consumer base.

Investment Highlights

• $6,352,000 | 6.25% Cap Rate
• 22,620 SF building on 5.02 acres | Built 2006
• NN Lease — Landlord responsible for roof, parking lot, and insurance only
• Lease term through September 30, 2035 with four 5-year options
• 10% rent bumps in each option period
• #15 of 2,306 TSC locations | 99th percentile nationally for site visits
• Sole TSC serving a 30-mile trade radius
• 4 minutes to I-89 | Route 302 frontage with 18,500 VPD
• Average HHI over $100K throughout trade area

This offering combines the credit quality of a publicly traded, Fortune 300 retailer with the traffic performance of a top-tier store in a protected, high-income market — an ideal core net lease asset for investors seeking durable cash flow and long-term upside.