18555 Us-72 Rogersville, AL 35652
- Retail properties
- 21,930 SF
- 9.71 lot acres
Current Use by Public Records
- Retail properties
Property Details for 18555 Us-72
- Year built
- 2024
- Lot size
- 9.71 lot acres
- Property size
- 21,930 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a newly constructed (2024), 21,930 square-foot Tractor Supply Company storefront in Rogersville, Alabama, within the Huntsville MSA. The property sits on a 9.71-acre lot along US Highway 72, experiencing over 12,800 vehicles per day. A 15-year net lease commenced June 1, 2024, and includes four 5-year renewal options with 5% rent bumps every five years. The tenant, Tractor Supply Company (TSCO), is investment grade (BBB rating from Standard & Poor's) and ranked #291 on the 2024 Fortune 500 list. The property benefits from a strong demographic profile, with 18,842 people residing within a ten-mile radius and an average household income exceeding $102,771 within five miles. The location offers convenient access to Huntsville, a rapidly growing city, located less than an hour away. This single-tenant, 100% occupied property offers a compelling investment with a long-term lease and built-in rent growth. The asking price is $6,666,667, representing a price per square foot of $304. The lease expires May 31, 2039, providing a remaining lease term of 14.5 years.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rogersville
- County
- Lauderdale
- State
- Alabama
- Longitude
- -87.253
- Latitude
- 34.8136
