Tractor Supply Company,
Helotes, TX Investment Summary
| Price | |
| Cap Rate | |
| NOI | Call for Details |
| Lease Term | 15 Years |
| Lease Type | |
| Rental Increases | Call for Details |
| Year Built | 2014 |
| Building Size | 19,067 sq. ft. + 17,500 sq. ft. fenced outdoor sales area |
| Lot Size | 3.846 Acres (167,531 sq. ft.) |
| Status | Sold |
| Lead Brokers | Scott Crowle Senior Managing Director 415.604.4288 scott.crowle@cushwake.com CA RE License #01318288 Michael T. Yuras, CCIM Executive Director 415.481.0788 michael.yuras@cushwake.com CA RE License #01823291 |
Investment Highlights
LONG-TERM NET LEASE TO STRONG NATIONAL TENANT
» Tractor Supply is a Fortune 500 company, with revenues of $6.2 billion
HARD-CORNER LOCATION NEAR HIGH-TRAFFIC THOROUGHFARES
» Great access and visibility at hard-corner of Leslie Road & Leslie Road
» Nearby access to State Highway 1604 – 80,000 AADT
ROBUST DEMOGRAPHICS AND STRONG CUSTOMER BASE IN THE IMMEDIATE AREA
» Dense population of 196,938 within a five-mile radius
» High average household income of $101,290 within a one-mile radius
» Close proximity to several contracting and construction companies and Helotes’ 4-H Club, representing some of Tractor Supply’s target customers
CLOSE PROXIMITY TO MAJOR RETAIL CENTERS AND EDUCATIONAL INSTITUTIONS
» Just over a mile from Bandera Pointe – 960,879 square foot retail center with 63 stores
» Across from Sandra Day O’Connor High School and Kuentz Elementary School – combined enrollment of over 3,800 students
Click Here to Download Offering Memorandum
Property Description
SOLD
The property is strategically located at the hard corner of Leslie Road and Leslie Road, with great visibility and access to 7,940 vehicles per day. The site is situated in a high-traffic area of Helotes; FM 1560, approximately half a mile from the property, experiences a traffic count of 13,500 vehicles each day, and State Highway 1604 boasts a daily traffic count of 80,000 vehicles. Access to Highway 1604 is a mile from the site. Bandera Pointe, a 960,876 square foot shopping center with 63 stores, is less than a mile and a half from the property. The center is anchored by Lowe’s, Kohl’s, and Super Target, and features other major national tenants like T.J. Maxx, Jo-Ann Fabrics, Ross Dress for Less, and PetSmart. In close proximity to the site are a number of notable tenants such as Walmart, CVS Pharmacy, Dollar General, Christian Brothers Automotive, and The Home Depot. Additionally, the property is directly across from Sandra Day O’Connor High School and Kuentz Elementary School. The two schools have a combined enrollment of over 3,836 students and employ over 200 staff members.
