Tractor Supply Company 31130 S Hwy 213

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Tractor Supply Company positioned within the Portland MSA in Molalla, Oregon. The property was constructed in 2020 specifically for Tractor Supply Company. The 15-year lease runs through September 2035 which means there are over eleven years remaining on the primary lease term. The lease features 5% rental escalations every five years that span throughout the primary term and four 5-year renewal options. An investor will benefit from the next rent increase in 2025. Tractor Supply Company is an investment grade tenant with a BBB rating from Standard and Poor’s.
The 19,097 square-foot building benefits from its position along South Highway 213 which experiences over 11,100 vehicles per day. The prop-erty is surrounded by several nationally recognized retailers including Safeway, Starbucks, McDonald’s, Grocery Outlet, Goodwill, Taco Bell, and Verizon. There are over 17,600 people living within a five-mile radius. Additionally, the average household income within five miles of the property is $96,047. The subject asset is located 30 miles south of Portland, Oregon.
Tractor Supply Company (NASDAQ: TSCO), serving customers for 85 years, is the largest rural lifestyle retailer in the U.S., ranking 291 on the 2024 Fortune 500. With over 2,300 stores in 49 states and an e-commerce website, TSC provides comprehensive merchandise, including equine, livestock, pet, and small animal products, hardware, tools, seasonal items, clothing, and maintenance products. Their team of more than 50,000 members is dedicated to delivering legendary service and assisting customers in pursuing their passions, whether it’s caring for animals, living a DIY lifestyle, or being closer to the land. Tractor Supply’s growth is fueled by their mission and values, driving them to expand their store footprint and enhance product offerings. Additionally, the company owns and operates Petsense, a pet specialty retailer catering to pet owners in small and mid-size communities.