509 W Cherry St
Vermillion, SD 57069

Sage Capital is pleased to present this Tractor Supply investment property in Vermillion, South Dakota. This large 32,032 square foot brick and steel building was previously occupied by Pamida. At $57 per square foot, this offering represents an asking price which is well below replacement cost. With a low rental rate, Tractor Supply can operate comfortably in this market for many years to come. This site benefits from its location along a healthy retail corridor, yet without significant competition from similar businesses. This is the only Tractor Supply within over 27 miles of Vermillion. Tractor Supply is the largest operator of retail farm and ranch stores in the United States, with 1,600 stores in 49 states, and 2015 revenue exceeding $6.2 billion. Tractor Supply has signed a new 10 year corporate lease, which is scheduled to commence in May 2017. The site is surrounded by national and regional tenants including: Walmart, McDonald' s, Wells Fargo, Hy-Vee Grocery, O' Reilly Auto, Burger King, and more. This newly renovated store is well positioned along a strong retail corridor, surrounded by agricultural uses conducive to Tractor Supply' s business model.