Single-Tenant Tractor Supply Net
501 Oak Mountain Trail Pelham, AL 35124
New
501 Oak Mountain Trail, Pelham, AL, 35124
Contact for pricing
For Sale
Contact for pricing
Fee-simple Tractor Supply on a 4.08-acre parcel, built 2023, leased under a net lease through 2043.
Property Size21,930 SF
Lot Size4.08 Acres
Price / SF$283.11
Days on Market6
Property Features for 501 Oak Mountain Trail
General Information
- Standard status
- Active
- Size
- 21,930 SF
- Lot size
- 4.08 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2023
Listing agency
Northmarq - Tulsa
(918) 494-2690
Listed by
Gill Warner · License #OK 131858
Source
Crexi
Added: Jul 17 Updated: Jul 21 at 10:42PM Checked: Jul 21 at 10:42PM
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 Northmarq - Tulsa
Investment Insights
Based on property information with market context.
Northmarq presents a fee-simple interest in a single-tenant Tractor Supply retail property. The building totals approximately 24,191 square feet and was originally built in 2023. The site is leased to Tractor Supply Company under a net lease structure. The landlord’s responsibilities are limited to the roof, structure, and parking lot.
The lease commenced in March 2023 and runs through March 2043, with four additional five-year renewal options. Tractor Supply Company is responsible for operating expenses, including CAM, taxes, insurance, and utilities. The current term supports a long-duration, largely passive ownership profile.
The property is located at 501 Oak Mountain Trail in Pelham, Alabama.
The lease commenced in March 2023 and runs through March 2043, with four additional five-year renewal options. Tractor Supply Company is responsible for operating expenses, including CAM, taxes, insurance, and utilities. The current term supports a long-duration, largely passive ownership profile.
The property is located at 501 Oak Mountain Trail in Pelham, Alabama.
Key Highlights
- Single‑tenant Tractor Supply on a 4.08‑acre parcel at 501 Oak Mountain Trail, Pelham, AL 35124
- Approximately 24,191 SF retail space built in 2023
- Net lease guaranteed by Tractor Supply Company
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $329.0k | $15.00 |
| − Vacancy | −$33.9k | −$1.55 |
| EGI | $295.1k | $13.46 |
| − OpEx | −$88.5k | −$4.04 |
| NOI | $206.5k | $9.42 |
21,930 SF · lease $15.00/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.95M
$2.58M – $3.44M
NOI $206,548 @ 7.0% cap · market cap 3.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.15M
$4.50M – $6.01M
NOI $360,319 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Fee-simple Tractor Supply on a 4.08-acre parcel, built 2023, leased under a net lease through 2043.
Where is this retail space located?
The property is located at 501 Oak Mountain Trail Pelham, AL.
What is the asking price?
The asking price for this property is $6,208,696.
What are key features of this property?
This property features: Single‑tenant Tractor Supply on a 4.08‑acre parcel at 501 Oak Mountain Trail, Pelham, AL 35124; Approximately 24,191 SF retail space built in 2023; Net lease guaranteed by Tractor Supply Company
