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33313182
33313181

6823 S. Cage Blvd., Pharr, TX 85234

AR
OK 072000
Colliers - Tulsa, Oklahoma
KH
OK OK 149149
Colliers - Tulsa, Oklahoma
JA
OK OK 175042
Colliers
PB
OK 159239, OK OK 159239
Colliers - Tulsa, Oklahoma
Listed by Colliers - Tulsa, Oklahoma, Colliers
$6,575,000
9 days on market
Updated 3 days ago

Tractor Supply - Pharr, Texas - 2022 Construction

Details
Property Type Retail
Sub Type Retail, Tractor supply (+1)
Square Footage 21,451
Net Rentable (SqFt) 21,451
Occupancy 100%
Tenancy Single
Brand/Tenant Tractor Supply
Lease Type NN
Lease Expiration 10/31/2038
Rent Bumps Yes
Lease Options 4, 5 year options
Year Built 2022
Acreage 4.000
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 10/08/2022
Ground Lease No
Sale Condition 1031 exchange

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

[email protected]

TX Lic. #474735

Listing Contacts

AR
OK 072000
Colliers - Tulsa, Oklahoma
KH
OK OK 149149
Colliers - Tulsa, Oklahoma
JA
OK OK 175042
Colliers
PB
OK 159239, OK OK 159239
Colliers - Tulsa, Oklahoma
Listed by Colliers - Tulsa, Oklahoma, Colliers

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Additional Information

Name
Daniel Taylor
License
474735
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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