Free-Standing Retail Store with Tractor
For Sale
Contact for pricing
2400 N 4th St, Red Oak, IA 51566
Single-tenant Tractor Supply with renewal options and tenant-paid taxes, insurance, and major capital expenditures.
Property Size22,950 SF
Price / SF$72.98
Days on Market63
Property Features for 2400 N 4th St
General Information
Standard status
Active
Size
22,950 SF
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$150,795
Building Details
Year Built
2008
Year Renovated
2023
Tenancy
Single
Listing Agency:
NAI Heartland
(913) 362-1000
Listed By:
Brandon Heck · License #MO 2001015786
Source:
Crexi
Added: Jun 10
Changed: Aug 10
Last Checked: Aug 10 at 4:13PM
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 NAI Heartland
Investment Insights
Based on property information with market context.
This offering features a free-standing Tractor Supply retail property totaling 22,950 SF. The location is leased to Tractor Supply, a nationally credited tenant ranked on the Fortune 500. The lease includes two additional five-year renewal options, exercisable at the greater of the current rent or a 5-year CPI-based adjustment. The tenant is responsible for all property taxes, insurance, and capital expenditures, including roof, structure, and HVAC.
The property is located at 2400 N 4th St in Red Oak, Iowa, providing a dedicated, single-tenant setup for a national operator.
For investors or buyers seeking a straightforward retail income asset, this structure is designed to limit day-to-day landlord involvement. With the tenant covering taxes, insurance, and required capital items, the ownership responsibilities are streamlined relative to many multi-tenant or landlord-maintained scenarios. Tractor Supply currently operates over 2,400 stores and plans to open an additional 100 stores in 2026, with a stated longer-term goal of reaching 3,200 locations across 49 states by 2030.
The property is located at 2400 N 4th St in Red Oak, Iowa, providing a dedicated, single-tenant setup for a national operator.
For investors or buyers seeking a straightforward retail income asset, this structure is designed to limit day-to-day landlord involvement. With the tenant covering taxes, insurance, and required capital items, the ownership responsibilities are streamlined relative to many multi-tenant or landlord-maintained scenarios. Tractor Supply currently operates over 2,400 stores and plans to open an additional 100 stores in 2026, with a stated longer-term goal of reaching 3,200 locations across 49 states by 2030.
Key Highlights
- 22,950 SF free‑standing Tractor Supply in Red Oak, Iowa
- Single‑tenant NNN structure with Tractor Supply as the tenant
- Tenant has two 5‑year renewal options at the greater of current rent or a 5‑year CPI
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
26k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 73%
Home Improvements & Furnishings 18%
Dining 7%
Hotels & Casinos 2%
Cubby's
Shops & Services
10,076 visits/mo
0.3 miles
Dollar General
Shops & Services
6,762 visits/mo
0.3 miles
Tractor Supply Co.
Home Improvements & Furnishings
4,649 visits/mo
0.1 miles
Pizza Hut
Dining
1,782 visits/mo
0.4 miles
First Interstate Bank
Shops & Services
1,555 visits/mo
0.3 miles
Demographics for 51566, IA
6,772
Population
3,435
Households
2
Avg Household Size
44
Median Age
19%
College-Educated
91%
High-School Grad
176.4 sq mi
ZIP Area
38
Density / Sq Mi
$58,264
Median Household Income
$40,632
Median Earnings
$783
Median Rent
$116,200
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Single-tenant Tractor Supply with renewal options and tenant-paid taxes, insurance, and major capital expenditures.
Where is this retail space located?
The property is located at 2400 N 4th St Red Oak, IA.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: 22,950 SF free‑standing Tractor Supply in Red Oak, Iowa; Single‑tenant NNN structure with Tractor Supply as the tenant; Tenant has two 5‑year renewal options at the greater of current rent or a 5‑year CPI
