Single-Tenant Tractor Supply
For Sale
Contact for pricing
416 East Fir Road, Carthage, MO 64836
Newly developed Tractor Supply Co. retail store is occupied and positioned for strong visibility with convenient access in Carthage, Missouri.
Property Size21,930 SF
Price / SF$330.64
Days on Market80
Property Features for 416 East Fir Road
General Information
Standard status
Active
Size
21,930 SF
Class
A
Total Parking Spaces
113
Property subtype
Retail
Zoning
Commercial
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$449,562
Building Details
Year Built
2026
Tenancy
Single
Listing Agency:
CCP Realty Advisors, LLC
Listed By:
Jake Butler · License #PB00089617
Source:
Crexi
Added: Jun 18
Changed: Aug 14
Last Checked: Sep 5 at 8:16PM
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 CCP Realty Advisors, LLC
Investment Insights
Based on property information with market context.
Newly developed single-tenant retail property occupied by Tractor Supply Company. The asset is designed as a Tractor Supply Co. store and is available for sale with the current tenant in place.
Located at 416 East Fir Road in Carthage, Missouri, the property serves one of the region’s primary retail corridors and is described as having strong visibility and convenient access. The surrounding area is characterized in the remarks as a growing commercial trade area that draws customers throughout Southwest Missouri.
This listing offers an operational, occupied retail investment tied to Tractor Supply Company, a national rural lifestyle retailer.
Located at 416 East Fir Road in Carthage, Missouri, the property serves one of the region’s primary retail corridors and is described as having strong visibility and convenient access. The surrounding area is characterized in the remarks as a growing commercial trade area that draws customers throughout Southwest Missouri.
This listing offers an operational, occupied retail investment tied to Tractor Supply Company, a national rural lifestyle retailer.
Key Highlights
- Newly developed Tractor Supply Co. retail store in Carthage, Missouri
- Property is occupied by Tractor Supply Company
- Year built: 2026
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$206,907
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.85%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,138,140
$4.1M
Cap Rate 7%
$2,955,814
$3.0M
Cap Rate 9%
$2,298,967
$2.3M
Market Conditions
NOI Build-Up for 21,930 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$307.9K $14.04/SF
− Vacancy
−$12.3K −$0.56/SF
EGI
$295.6K $13.48/SF
− OpEx
−$88.7K −$4.04/SF
NOI
$206.9K $9.43/SF
Area
Jasper County, MO
Vacancy
4.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,138,140
Cap Rate 7%
$2,955,814
Cap Rate 9%
$2,298,967
Alternative Uses
Best Use
Retail
$2.96M
$2.59M – $3.45M
NOI $206,907 @ 7.0% cap · market cap 2.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.62M
$5.79M – $7.72M
NOI $463,162 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
Explore this area
Business Placement
Demographics for 64836, MO
25,334
Population
10,241
Households
2.5
Avg Household Size
37
Median Age
24%
College-Educated
82%
High-School Grad
184.1 sq mi
ZIP Area
138
Density / Sq Mi
$58,775
Median Household Income
$35,311
Median Earnings
$883
Median Rent
$157,700
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 - Newly developed Tractor Supply Co. retail store is occupied and positioned for strong visibility with convenient access in Carthage, Missouri.
Where is this retail space located?
The property is located at 416 East Fir Road Carthage, MO.
What is the asking price?
The asking price for this property is $7,251,000.
What are key features of this property?
This property features: Newly developed Tractor Supply Co. retail store in Carthage, Missouri; Property is occupied by Tractor Supply Company; Year built: 2026
