1600 H St Lompoc, CA 93436-2819

This exceptional investment opportunity presents a fee-simple ownership of a 62,038-square-foot Tractor Supply Company storefront in Lompoc, California. Located within the busiest shopping center in Lompoc, at the high-traffic intersection of Cabrillo Highway and Central Avenue (approximately 44,000 vehicles per day), this property benefits from a strong demographic area with over 50,000 residents within a 3-mile radius and an average household income of approximately $86,000. The 10-year net lease with Tractor Supply Company commenced August 30, 2024, and includes 5% rent increases every five years, along with options for four, five-year renewals. Tractor Supply Company, a publicly traded company (NASDAQ: TSCO) with an S&P credit rating of BBB, generated $14.6 billion in revenue in 2023. The building, recently renovated in 2024, features a new roof installed in 2020 with a remaining 10.5 years on its 15-year warranty. Priced at $7,772,000 ($125 per square foot), this property is considered well below replacement value. The 5.29-acre lot includes a fully enclosed outdoor display area, typical of Tractor Supply stores. This is a rare opportunity to acquire a high-performing, investment-grade retail property with a long-term lease and significant upside potential. Further financial details are available upon request and execution of a non-disclosure agreement.