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Tractor Supply Investment Opportunity
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306 E Sunflower Rd, Cleveland, MS 38732

Retail property with long-term corporate tenant, Tractor Supply.

Property Size84,095 SF
Price / SF$28.75
Days on Market863

Property Features for 306 E Sunflower Rd

General Information

Standard status Active
Size 84,095 SF
Property subtype Retail
Occupancy 100%

Building Details

Buildings 1
Stories 1
Units 1
Tenancy Single
Listing Agency: NVST Real Estate Solutions
Listed By: Hardtner Klumpp · License #LA 0995681882
Source: Crexi
Added: Apr 22, 2024 Changed: Aug 27 Last Checked: Sep 1 at 12:25AM

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 NVST Real Estate Solutions

Investment Insights

Based on property information with market context.

This retail property, located on Sunflower Road between Memphis, TN, and Jackson, MS, presents an investment opportunity. The property is situated near the Grammy Museum and national retailers such as Walgreens and Kroger. The building is occupied by a corporate tenant, Tractor Supply, described as the largest rural lifestyle retailer in the U.S. The lease has 11 years remaining, with additional renewal options. The property offers a passive income stream with minimal landlord responsibilities. The building is in excellent condition and has favorable lease terms.

Key Highlights

  • Long‑term occupancy with Tractor Supply, a major national retailer.
  • 11 years remaining on the lease with renewal options.
  • Passive income stream with minimal landlord responsibilities.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Kitchen & Bath Showroom Plumbing Service Garden Center Carpet & Flooring Store (Bike/Boat/Book/etc) Store Daycare Center

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

761
Businesses Nearby

Demographics for 38732, MS

17,652
Population
7,354
Households
2.4
Avg Household Size
36
Median Age
32%
College-Educated
84%
High-School Grad
88.3 sq mi
ZIP Area
200
Density / Sq Mi
$44,239
Median Household Income
$34,531
Median Earnings
$776
Median Rent
$163,000
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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property with long-term corporate tenant, Tractor Supply.
Where is this retail space located?
The property is located at 306 E Sunflower Rd Cleveland, MS.
What is the asking price?
The asking price for this property is $2,417,963.
What are key features of this property?
This property features: Long‑term occupancy with Tractor Supply, a major national retailer.; 11 years remaining on the lease with renewal options.; Passive income stream with minimal landlord responsibilities.
(337) 263-2397 Call to check price and availability
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