Tractor Supply - Pharr, Texas - 2022 Construction
Income Tax Free State - 2022 Build to Suit
Investment highlights
100% Leased and Guaranteed by Tractor Supply Company
The Property is fully leased and guaranteed by Tractor Supply Company (Standard & Poor's: BBB). Tractor Supply sits at #296 in the Fortune 500 and operates over 2,300 stores in 49 states. Tractor Supply continues to accelerate store growth with 100 new stores planned for 2026.
Highly Passive NN Lease with 5% Rental Increases
Tractor Supply Company is operating under a highly passive lease with minimal landlord obligations. The lease boasts 5% rental increases every 5 years throughout the primary term and at the beginning of each of the four option periods.
Prototype Build to Suit
The Property was constructed in 2022 as a Build to Suit for Tractor Supply, which includes a feed barn and garden center.
Rio Grande Valley Agriculture Economy
The Rio Grande Valley economy is driven by strong agricultural production, produce trade, and logistics activity throughout the region, supported by the nearby Pharr-Reynosa International Bridge which together drive significant demand for farm, ranch, outdoor living, and agricultural support services throughout the region.
BROKER OF RECORD
Daniel Taylor
Exec. Managing Director
TX Lic. #474735
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