Tractor Supply Utah – Land for sale

Property Description

The subject property is a 2015 built, 21,930 square foot Tractor Supply Co. retail store that opened approximately February 14, 2015. Located in Tooele, a rural town in Utah, and part of the Stansbury Park planned community, Tractor Supply will benefit from the explosive growth in the area. Tractor Supply is located on the northwest corner of Utah State Highway 36 and Utah State Highway 138 which report a combined traffic count of over 58,105 average cars per day (CoStar 2022). Nearby Interstate Highway 80 runs from San Francisco to New Jersey and is a direct connection to nearby Salt Lake City.

Area Description

Tooele, Utah, offers a dynamic real estate landscape. The city’s housing market caters to various preferences, with a mix of single-family homes, townhouses, and apartments. Affordability is a key draw, making it an attractive option for first-time homebuyers. The scenic surroundings and proximity to outdoor amenities enhance the appeal. The real estate market reflects Tooele’s growing community and provides opportunities for those seeking a balance between affordability, natural beauty, and a close-knit atmosphere in the heart of Utah.

Highlights

2015 construction.
There are six (6) years remaining and 4×5 year options.
Rent increase March 1, 2025.
The lease is double net (NN), with minimal Landlord responsibilities. Tenant is responsible for HVAC, insurances, taxes and utilities. Landlord is responsible for roof, structure, and parking lot (Buyer to verify).
The lease provides for rental increases of ten percent (10%) every five (5) years in the initial lease term, continuing through the options.
Tractor Supply Company is a highly regarded company (NASDAQ: TSCO), S&P: BBB.
Population in a five (5) mile radius is projected to grow at an annual rate of 2.1% for the next five (5) years.
In a one (1) mile radius the average household income is $104,901.
Tenant has a Right of First Refusal.

Marc Perlof
(310) 774-3721
marcperlof@gmail.com