Tractor Supply

13235 Tamiami Trl E Naples , FL 34114-8412

Tractor Supply - Retail for sale

Overview


JLL is pleased to offer for sale the fee-simple interest in a freestanding, single-tenant Tractor Supply Company (the Property or Asset) located in Naples, Florida. The Property is strategically positioned at the crux of two of the most trafficked thoroughfares in southwest Florida, Tamiami Trail (U.S. Route 41) and Collier Boulevard, benefitting from over 57,000 vehicles passing daily. The Asset is subject to a double-net lease with five years of primary lease term remaining. With minimal competition in the region and the optimal location, there is a high probability of continued lease renewals. This Offering presents a unique opportunity for investors to capitalize on prime southern Florida real estate while collecting accretive returns over the course of the lease term.

Investment Highlights


• 5 years remain on a NN lease with landlord responsibilities limited to roof and structure

• Outstanding market share store drawing from affluent demographic base

• Strong tenant with exceptional financials

• Premier retail location of South Naples

• Downside protection
General
Property Type Retail
Tenure Type Sale / Purchase
Property Address 13235 Tamiami Trl E, Naples, FL 34114-8412
Land In Acres 2.93
Building Size 22,670  ft2
Financial
Price $8,098,000
Cap Rate 6.50%
Current NOI $526,350.00
Lease
Tenant's Name Tractor Supply Company
Lease Type NN
Lease Expiration Date 04/01/2023
Remaining Term 4Yrs