Listed by Matthews
$6,752,136
Tractor Supply | Tennessee | 2026 Construction
Details
Property Type Retail
Sub Type Convenience Store, QSR/Fast Food
Square Footage 21,930
Tenancy Single
Brand/Tenant Tractor Supply, Home Depot
Lease Type NN+
Lease Term 15
Lease Expiration 06/30/2041
Remaining Term 15
Rent Bumps Yes
Lease Options Four, 5-Year Options
Year Built 2026
Buildings 1
Acreage 5.930
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 06/13/2026
Ground Lease No
Ownership Fee Simple
90 Minutes from Nashville | Income Tax Free State
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.
Listing Contacts
Listed by Matthews
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