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    Retail Property with Strong Tenant Title is generated by Realmo AI

    115 Leroux St, Doniphan, MO

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    Retail property with a Fortune 500 tenant.

    Type:RETAIL
    Property size:
    26,608 SF
    Lot size:
    2.19 Acres
    Price / SF:
    $86/SF
    Added:
    Dec 6, 2024
    Days on Market:
    553
    Last Refresh:
    May 20 at 8:52 pm

    Property Features for 115 Leroux St

    General Information

    Standard status
    Active
    Size
    26,608 SF
    Lot size
    2.19 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Maxwell Aunger

    Listing agent Maxwell Aunger

    Listing office Matthews Real Estate Investments Services | New York

    Listing date Dec 6, 2024

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of Matthews Real Estate Investments Services | New York

    HighLights

    • Strong Fortune 500 Tenant: Tractor Supply Co. (TSC), ranked #291, with a ±$32.5 Billion market cap and over 2,270 locations.
    • Corporate Guarantee with Rent Increases: NN lease with approximately ±5.7 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.
    • E‑commerce Proof & Company Growth: TSC demonstrates strong performance and adaptability, with net sales increasing in Q2 2024, driven by brick‑and‑mortar investment and innovative initiatives.
    • Limited Competition: The only Tractor Supply store within a 40‑mile radius.
    • Great Location & Trade Area: Situated at the intersection of major highways (US Highway 160 and US Highway 142) with synergy from other national retailers.

    Overview

    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 Physician Tractor Supply Co. Pet Store & Service

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Similar Places Nearby

    • Plaza Flowers — 1307 Hillcrest Dr, Doniphan, MO 63935

    Location Insight

    • Map
    • Local Demand
    City
    Doniphan
    County
    Ripley
    State
    Missouri
    Longitude
    -90.8235
    Latitude
    36.6209

    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 $2,290,152.
    What are key features of this property?
    This property features: Strong Fortune 500 Tenant: Tractor Supply Co. (TSC), ranked #291, with a ±$32.5 Billion market cap and over 2,270 locations.; Corporate Guarantee with Rent Increases: NN lease with approximately ±5.7 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.
    (908) 892-0572 Call to check price and availability
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