Tractor Supply Co (Recent 10-Year Extension) — Sale in Lee's Summit, MO
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Lee's Summit, MO 64081
Photos
Investment Figures
- Cap rate
- 6.25%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Offered for sale is a Tractor Supply Co. in Lee’s Summit, Missouri. Tractor Supply recently exercised a 10-year extension of its corporate absolute net lease through September 2035, with a contractual rent increase after year 5 of the extension. Tractor Supply has operated at the location since 2005. The 22,670-square-foot freestanding building is situated on 3.81 acres directly along U.S. Highway 50, which carries approximately 44,470 vehicles per day and serves as a primary east-west route connecting Lee’s Summit with the broader Kansas City metropolitan area. The store recorded approximately 238,100 visits over the trailing 12 months, ranking No. 2 among 69 Tractor Supply locations in Missouri based on foot traffic and in the 84th percentile nationally. The surrounding 10-mile trade area includes 311,325 residents and 123,444 households. Investment Highlights: • 2nd Busiest Tractor Supply Co in Missouri Based on Foot Traffic & 84th Percentile Nationally • Recently Exercised 10-Year Extension Through September 2035 | Corporate Absolute Net Lease • Large 3.81-Acre Highway Site (44,470 VPD) | 20-Year Operating History • Affluent Trade Area | 311,325 Residents and $105,517 Average Household Income (10 Miles) • Area Traffic Generators Include Costco, The Home Depot, Price Chopper and Summit Waves • Kansas City Commuter Suburb | Approximately 20 Miles from Downtown • Largest Rural Lifestyle Retailer in the United States | 2,463 Stores Across 49 States
Market Context
This retail in Lee's Summit, MO is listed for sale. It is offered at an approximate 6.2% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Lee's Summit, MO — view the full market.
Contact
- Vince Knipp · (972) 755-5205 · vincent.knipp@marcusmillichap.com
- Mark Ruble · (602) 687-6766 · mark.ruble@marcusmillichap.com
- Chris Lind · (602) 687-6780 · chris.lind@marcusmillichap.com
- Zack House · (602) 687-6650 · zachary.house@marcusmillichap.com
- Dave Saverin · (314) 889-2555
- Duke Dennis · (817) 932-6172 · duke.dennis@marcusmillichap.com
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