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Property summary
This exceptional investment opportunity presents a fee-simple ownership of a 37,895-square-foot Tractor Supply Co. storefront in Owensville, Missouri. Located at 1208 Hwy 28, this single-story building sits on a 5.97-acre lot and boasts a strong 6.00% cap rate based on a Net Net Net (NNN) lease with a substantial Net Operating Income (NOI) of $122,211. The lease, originally commencing January 31, 2008, has been extended through January 30, 2038, providing a remaining term of 13.2 years. … Built in 1981 and renovated in 2024, the property benefits from built-in rent escalations: a 5% increase in 2030 and 10% increases in 2035 and at each subsequent option renewal. Two, five-year lease options further enhance the long-term value. The property's low rent of $3.22 per square foot is significantly below replacement cost, estimated at $54 per square foot. The tenant, Tractor Supply Co. (TSCO), a publicly traded company with a $26 billion market cap and an S&P "BBB" investment-grade credit rating, demonstrates a strong commitment to the location, evidenced by a recent 10-year lease extension and ongoing store remodeling and rebranding. The property enjoys a 100% occupancy rate and benefits from minimal landlord responsibilities, primarily limited to roof and structure maintenance. The strategic location along Highway 28, Owensville's main thoroughfare, ensures high visibility and accessibility. This presents a compelling investment opportunity with significant upside potential due to the strong tenant, favorable lease terms, and strategic location within a thriving rural market. The property's low rent-to-sales ratio of 2.8%, based on $4.34 million in 2023 sales, further underscores its exceptional value.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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