Tractor Supply NNN Retail
For Sale
Contact for pricing
1632 West Magnolia Avenue, Geneva, AL 36340
Fully leased build-to-suit retail asset with a passive lease structure and limited landlord responsibilities.
Property Size18,950 SF
Price / SF$188.39
Days on Market8
Property Features for 1632 West Magnolia Avenue
General Information
Standard status
Active
Size
18,950 SF
Class
A
Property subtype
Retail
Occupancy
100%
Lease Type
NN
Investment Type
Net Lease
Building Details
Year Built
2020
Tenancy
Single
Listing Agency:
Colliers - Tulsa, Oklahoma
(918) 878-9534
Listed By:
Andrew Ragsdale · License #OK 072000
Source:
Crexi
Added: Aug 4
Changed: Aug 10
Last Checked: Aug 10 at 3:48AM
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 Colliers - Tulsa, Oklahoma
Investment Insights
Based on property information with market context.
Constructed in 2020, this 18,950-square-foot retail property is occupied by Tractor Supply Company under a build-to-suit configuration. The asset is fully leased, and the tenant’s obligations are supported by a guarantee from Tractor Supply Company, which carries a Standard & Poor’s rating of BBB.
The lease has a 15-year primary term with 9 years remaining, 5% rent increases every 5 years during the initial term, and four option periods. Landlord responsibilities are described as minimal, supporting a passive ownership structure. The property is located at 1632 West Magnolia Avenue in Geneva, Alabama, where agriculture and related agribusiness, trucking, equipment, and farm-support industries contribute to the local economy.
The lease has a 15-year primary term with 9 years remaining, 5% rent increases every 5 years during the initial term, and four option periods. Landlord responsibilities are described as minimal, supporting a passive ownership structure. The property is located at 1632 West Magnolia Avenue in Geneva, Alabama, where agriculture and related agribusiness, trucking, equipment, and farm-support industries contribute to the local economy.
Key Highlights
- 18,950‑square‑foot retail property constructed in 2020
- Fully leased to Tractor Supply Company
- Tenant guarantee backed by Tractor Supply Company, rated BBB by Standard & Poor’s
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
160
Businesses Nearby
74k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 33%
Shops & Services 29%
Groceries 17%
Home Improvements & Furnishings 10%
Walmart
Superstores
24,298 visits/mo
0.1 miles
Piggly Wiggly
Groceries
12,742 visits/mo
0.4 miles
Dollar Tree
Shops & Services
8,715 visits/mo
0.3 miles
Tractor Supply Co.
Home Improvements & Furnishings
7,695 visits/mo
0.1 miles
Dollar General
Shops & Services
5,463 visits/mo
0.1 miles
Demographics for 36340, AL
5,186
Population
2,444
Households
2.1
Avg Household Size
45
Median Age
16%
College-Educated
80%
High-School Grad
49.3 sq mi
ZIP Area
105
Density / Sq Mi
$48,681
Median Household Income
$31,250
Median Earnings
$663
Median Rent
$109,500
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Fully leased build-to-suit retail asset with a passive lease structure and limited landlord responsibilities.
Where is this nnn property located?
The property is located at 1632 West Magnolia Avenue Geneva, AL.
What is the asking price?
The asking price for this property is $3,570,000.
What are key features of this property?
This property features: 18,950‑square‑foot retail property constructed in 2020; Fully leased to Tractor Supply Company; Tenant guarantee backed by Tractor Supply Company, rated BBB by Standard & Poor’s
