SoCal Tractor Supply Co. | Santa Clarita | 2018 Construction | 30 Minutes From Downtown LA | New 15 Year Term
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CBRE'S NET LEASE PROPERTY GROUP NEWPORT IS PLEASED TO PRESENT THE FOLLOWING EXCLUSIVE LISTING:
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| TRACTOR SUPPLY CO. |
| 16904 Sierra Hwy. | Canyon Country (Santa Clarita), CA 91351 |
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$7,720,000 | LEASE TYPE
NN |
TOTAL BUILDING AREA
18,800 SF | TOTAL LAND AREA
4.604 Acres | |
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This location features brand new 2018 construction and had a grand open date of April 7, 2018. This Tractor Supply serves as a one-stop shop for the Santa Clarita community’s farmers, livestock and pet owners, ranchers, part-time and hobby farmers, gardeners, homeowners, tradesmen and others.
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Tractor Supply searched for 3 years to find a suitable location in this market.
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The lease is brand new with fifteen (15) years on the lease term, plus four (4), five (5) year options.
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The lease is corporately guaranteed by Tractor Supply Company, the largest operator of rural lifestyle retail stores in America. Tractor Supply is a highly regarded company with zero debt (NASDAQ: TSCO).
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The lease structure is double net (NN), with minimal landlord responsibilities.
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The lease provides for 5% rental increases every five (5) years.
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There are 110,715 residents located in the five (5) mile demographic ring, and 4,922,259 residents located in the thirty (30) miles demographic ring.
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The average household income in the five (5) mile demographic ring is an affluent $109,437.
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The city of Santa Clarita is the third largest city in Los Angeles County.
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The next closest Tractor Supply store is about 41 miles away in Moorpark.
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Santa Clarita is home to more than 20 sound stages, 10 movie ranches, and hundreds of film-related business.
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Santa Clarita is located just 30 minutes north of downtown Los Angeles, the city boasts year-round fun, abundant sunshine, a unique blend of upscale sophistication and small-town charm, historic elements, destination dining, signature shopping, outdoor adventure, and a variety of world-class events, scenic drives and attractions.
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| FOR MORE INFORMATION, PLEASE CONTACT: |
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3501 JAMBOREE ROAD // SUITE 100 // NEWPORT BEACH , CA 92660
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Address: 3501 Jamboree Road, Suite 100, Newport Beach California 92660 THIS IS A MARKETING COMMUNICATION
© 2018 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
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