Tractor Supply Clovis Rd & North Frankfort Rd, Texas 79415

Clovis Rd & North Frankfort Rd, Texas 79415

Price: $6,547,169
Cap Rate: 5.30%
NOI: $347,000
Building Size: Approx. 23,557 Sq. Ft.
Lot Size: Approx. 4.88 Acres
Type: Single-Tenant / Retail
Sub Category: Retailer
Year Built: 2023

Investment Overview

  • 2023 Construction. 23,557+/- SF Building on 4.88+/- Acre Site
  • New 16 Year Net Lease w/ (4) 5 Year Options to Renew & 5% Rent Increases Every 5 Years
  • Excellent Location at the Intersection of Clovis Rd & County Rd 1800 (15K Combined VPD)
  • Great Tractor Supply Real Estate w/ a Population of 60,000+ Within a 5 Mile Radius
  • Subject Property has a Strong Corporate Guarantee and is Located in a Tax Free State
  • Tractor Supply is the Largest Rural Lifestyle Retailer in the United States
  • Lubbock  |  Known as the “Hub City” of West Texas  |  Population: 265,000+