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Retail Space Leased to Tractor Supply
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215 Legacy Pk Dr, Springville, AL 35146

Retail space with a new 15-year net lease.

Property Size21,930 SF
Price / SF$361.65
Days on Market151

Property Features for 215 Legacy Pk Dr

General Information

Standard status Active
Size 21,930 SF
Property subtype Retail
Lease Type NN
Investment Type Net Lease

Building Details

Year Built 2026
Tenancy Single
Listing Agency: Cushman & Wakefield - Sacramento, California
Listed By: Michael Yuras · License #CA 01823291
Source: Crexi
Added: Mar 27 Changed: Aug 23 Last Checked: Aug 23 at 5:29AM

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 Cushman & Wakefield - Sacramento, California

Investment Insights

Based on property information with market context.

This retail space is under a new 15-year net lease with Tractor Supply Company, a major rural lifestyle retailer in the U.S. with over 2,300 locations across 49 states. The corporate-backed lease is supported by Tractor Supply Company (NASDAQ: "TSCO", S&P: "BBB", Moody’s: "Baa1" rating), offering investment-grade credit security. The lease includes 5% rental increases every five years during the initial term and each of the four option periods, each spanning five years. Tractor Supply Company's net sales increased by 4.3% in 2025 to $15.52 billion, driven by new store openings and the acquisition of Allivet, a privately held online pet pharmacy. The company plans to open approximately 100 new stores in 2026. The property encompasses 21,930 square feet.

Key Highlights

  • New 15‑year net lease to Tractor Supply Company.
  • Corporate‑backed lease by investment‑grade tenant (S&P: “BBB”, Moody’s: “Baa1”).
  • 5% rental increases every five years in initial term and option periods.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service Building Supply Big Box & Wholesale Store Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

108
Businesses Nearby

Demographics for 35146, AL

12,566
Population
4,820
Households
2.6
Avg Household Size
42
Median Age
25%
College-Educated
88%
High-School Grad
103.1 sq mi
ZIP Area
122
Density / Sq Mi
$83,438
Median Household Income
$47,329
Median Earnings
$746
Median Rent
$255,100
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with a new 15-year net lease.
Where is this retail space located?
The property is located at 215 Legacy Pk Dr Springville, AL.
What is the asking price?
The asking price for this property is $7,931,000.
What are key features of this property?
This property features: New 15‑year net lease to Tractor Supply Company.; Corporate‑backed lease by investment‑grade tenant (S&P: “BBB”, Moody’s: “Baa1”).; 5% rental increases every five years in initial term and option periods.
More about this property
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