Tractor Supply | Tennessee | 2026 Construction
Income Tax Free State | 90 Minutes from Nashville
Marketing description
Tractor Supply Company is a leading U.S. retailer specializing in products for agriculture, livestock, pet care, and rural lifestyle needs, serving farmers, ranchers, homeowners, and outdoor enthusiasts. Headquartered in Brentwood, Tennessee, the company operates thousands of stores nationwide offering items such as feed, tools, workwear, lawn and garden equipment, and animal supplies. The company focuses on supporting rural communities by providing practical products, knowledgeable service, and convenient access to everyday farm and home essentials.
In addition to its core retail operations, Tractor Supply has built a strong reputation for customer loyalty through its Neighbor's Club rewards program, which helps drive repeat purchases and personalized engagement. The company also emphasizes a curated mix of national brands and its own private-label products, which enhance margins and differentiate its offerings. Its stores are typically located in rural and semi-rural areas, allowing it to serve a niche market with limited direct competition from big-box retailers.
Ardmore is a strategically positioned Tennessee community located directly on the Tennessee–Alabama border and within commuting distance of the Huntsville, Alabama metropolitan area. The city benefits from increasing regional population growth driven by advanced manufacturing, aerospace, defense, and technology expansion throughout North Alabama. Residents are attracted by affordable housing, a small-town environment, and convenient access to major employment centers via Interstate 65. The area's accessibility, combined with lower living costs relative to larger metro markets, continues to support residential demand and long-term economic stability.
Investment highlights
- Located along Highway 53, Ardmore is a main thoroughfare connecting Northern Alabama to Tennessee, with Huntsville and Nashville being 40 and 90 minutes away respectively. Ardmore has experienced population growth of more than 2.3% annually since 2020 and boasts an extremely strong average household income of $95,602. The site also benefits from strong retail synergy, with nearby national tenants including McDonald's, Taco Bell, KFC, Dollar Tree, O'Reilly Auto Parts, Dollar General, Piggly Wiggly, and more.
- Delivered in 2026 as a built-to-suit development, this modern Tractor Supply store represents new-generation construction designed for long-term operational efficiency. The lease provides a 15-year initial term with four (4) additional five-year extension options, offering up to 35 years of total lease control.
- The lease boasts a NN+ structure, with Tenant being responsible for taxes, insurance, and CAM, minimizing landlord obligations to roof (15 year warranty), structure, and parking lot. The initial annual rent is $395,000, with scheduled 5% increases every five years throughout the base term and each of the four 5-year option periods. This structure provides predictable income growth and built-in inflation protection over the long term.
- The lease is fully guaranteed by Tractor Supply Company, a publicly traded, investment-grade national retailer, providing institutional-quality credit security.
- The property encompasses approximately ±5.93 AC, plus a separately defined access easement area, allowing for efficient circulation, truck access, and customer parking. The site design supports the Tractor Supply prototype format, including outdoor display areas and garden center components that are essential to the brand's performance model. The parcel size and layout provide long-term operational flexibility and adaptability.
- Tractor Supply Company is the nation's largest rural lifestyle retailer, operating more than 2,400 stores nationwide. The company serves a resilient customer base focused on agriculture, livestock, home improvement, and pet care—essential product categories that perform consistently across economic cycles. Tractor Supply's continued national expansion, strong same-store sales performance, and category dominance make it a highly reliable long-term occupant and credit tenant.
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