480 N Mill St | Tehachapi, CA 93561
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480 N Mill St
Tehachapi, CA 93561
Tractor Supply Co · Retail Property For Sale
Investment Highlights
- INVESTMENT GRADE CREDIT TENANT Tractor Supply Co is a publicly traded company (NASDAQ: TSCO) with a $21.69 Billion Market Cap and record sales growth
- TRACTOR SUPPLY CO: RECORD LEVEL SALES Fiscal Year 2021 and Second Quarter 2022 saw continuing new record level sales and earnings performance.
- MAXIMUM VISIBILITY FROM CA HIGHWAY 58 Destination location directly adjacent to California Highway 58 (31,000+ vehicles per day).
- NEAR-TERM RENT GROWTH BOOSTS VALUE Next 10% rental increase is scheduled for April 2024, followed by 10% rental increases every five years thereafter.
- CORPORATELY GUARANTEED by best-in-class, investment grade credit tenant Tractor Supply Company, an A2 rated company, S&P rated BBB Stable.
- AMONGST TOP RETAIL TENANTS OF 2022 Tractor Supply Co ranked #36 out of the Top 100 Retail Tenants of 2022 by the National Retail Federation.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
19,500 SF
Building Class
B
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.42
Lot Size
1.06 AC
Zoning
C-2
Parking
77 Spaces (3.95 Spaces per 1,000 SF Leased)
Amenities
- Freeway Visibility
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $4,694,040 | |
| Land Assessment | $1,375,433 | Total Assessment | $6,069,473 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,375,433
Improvements Assessment
$4,694,040
Total Assessment
$6,069,473
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