Free-Standing Retail Store with Tractor
2400 N 4th St, Red Oak, IA 51566
For Sale
Contact for pricing
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 Market158
Property Features for 2400 N 4th St
General Information
Standard status
Size
Property subtype
Lease Type
Investment Type
Net Operating Income
Building Details
Year Built
Year Renovated
Tenancy
Listing Agency:
NAI Heartland
Listed By:
Brandon Heck · License MO #2001015786
(913) 956-5817
Source:
Crexi
Added: Jun 10
Changed: Nov 11
Last Checked: Nov 12 at 6:55AM
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
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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
Who owns this building?
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Open Analytics
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
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Market
Vacancy Rate% for Retail in Midwest region
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
