Lowest cap rate over past 24 months
12 mo avg with 5+ yr lease term
Average Sale Price | $2,250,000 - $7,000,000 |
Average NOI | $150,000 - $420,000 |
Building SF | 20,000 |
Lease Term | 15 Years |
Escalations | 5 - 10% Every 5 Years |
Stock Symbol | NASDAQ:TSCO |
Back in 1938, a small mail-order company was selling tractor parts and accessories for the average farming family in the United States. It is no surprise that the heartland of America and its rural lifestyle has embraced their retail stores as part of the fabric of American culture.
At present, they have corporate headquarters based in Brentwood, TN, and are publically traded under ‘TSCO’ on NASDAQ. With yearly sales revenue approaching nearly seven billion dollars, Tractor Supply Co., is the biggest retail carrier of various mechanical tractor parts and tools, along with power equipment, generators, welders, landscaping products, to animal and pet supplies and apparel.
Located mostly in smaller towns and suburban areas, they have operations currently in 49 states, with over sixteen hundred retail locations and twenty four thousand employees who endeavor to provide family-oriented customer service. In fact, many farmers, equestrians, and tradesmen can be found among their ranks.
Founded | 1938 |
Headquarters | Brentwood, Tennessee |
Number of Locations | 2,003 |
Revenue | $12.731 B |
Company Website | https://tractorsupply.com |
Key Principal | Hal Lawton |