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115 Leroux St Doniphan, MO

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For Sale
$2,400,000

Retail property with a Fortune 500 tenant.

Property size:
26,608 SF
Lot size:
2.19 Acres

Property Features for 115 Leroux St

General Information

Size
26,608 SF
Lot size
2.19 Acres

Source: Matthews Real Estate Investments Services | New York Agent Maxwell Aunger

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Retail Property with Strong Tenant

This retail property, built in 2010 and renovated in 2020, is occupied by Tractor Supply, a Fortune 500 company ranked #291. Tractor Supply has approximately 5.7 years remaining on its NN lease, with four additional five-year renewal options. The lease includes 10% rent increases in each renewal period. As the only Tractor Supply store within a 40-mile radius, the property benefits from limited competition. The property is located at the intersection of US Highway 160 and US Highway 142, benefiting from synergy with other national retailers including McDonald’s, Napa Auto Tire & Parts, Dollar Tree, Dollar General, Ford, Chevrolet, Banks, and Subway. Tractor Supply reported net sales increased in Q2 of 2024 to $4.25 Billion from $4.18 Billion in Q2 of 2023. The property is corporately guaranteed with minimal landlord responsibilities. The building size is 26,608 square feet.
Location Intelligence

Current Use by Public Records

higi Health Consultant Tractor Supply Co. Animal Feed Store

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

Plaza Flowers

Location Insight

  • Map
  • Local Demand
City
Doniphan
County
Ripley
State
Missouri
Longitude
-90.8234551
Latitude
36.6208917

FAQs

What type of property is this?
Storefront property - Retail property with a Fortune 500 tenant.
Where is this storefront property located?
The property is located at 115 Leroux St Doniphan, MO.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: - Strong Fortune 500 Tenant: Tractor Supply Co. (TSC), ranked #291, with a \u00b1$32.5 Billion market cap and over 2,270 locations.; - Corporate Guarantee with Rent Increases: NN lease with approximately \u00b15.7 years remaining, corporately guaranteed with 10% rent increases in each renewal period.; - Newer Second Generation Building: Built in 2010 and renovated in 2020, with a new 10-year lease signed.
More about this property
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