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Property profile & analytics
OFF-MARKET
Retail space

2169 Bobo Newsom Hwy Hartsville, SC 29550

22,433 SF 4 ac lot Built 2023
Property ID
US77-1540545
Property summary
AI-generated overview

This exceptional investment opportunity presents a brand-new, 2023-built, 22,433 square foot Tractor Supply store in Hartsville, South Carolina. Located at 2169 W Bobo Newsom Hwy, this single-tenant, net-leased property boasts a 15-year lease commencing November 23, 2023, with a 5% rent increase every five years. The lease is corporately guaranteed by Tractor Supply Company (TSCO), a Fortune 500 company with a BBB S&P rating, providing exceptional financial stability. The property sits on a 4-acre lot with 60 parking spaces and benefits from excellent visibility and access on W Bobo Newsom Hwy, experiencing approximately 113,360 vehicles per day. The property enjoys a prime location, serving as the only Tractor Supply within a 16-mile radius, catering to an affluent area with an average household income exceeding $117,218 within a one-mile radius. The building features a new 15-year roof warranty, transferable to the buyer at closing. Landlord responsibilities are limited to roof, structure, and parking lot maintenance. The property's strong performance is reflected in its current Net Operating Income (NOI) of $343,095, yielding a 6.00% cap rate on the asking price of $5,718,000. This is a rare opportunity to acquire a high-quality, net-leased investment property anchored by a financially sound, industry-leading tenant with significant growth potential. The property's proximity to Sunoco's global headquarters and Carolina Pines Regional Medical Center further enhances its strategic value.

Property profile
Verified
Property type Retail space
Year built 2023
Total area 22,433 SF
Lot 4 ac (174,240 SF)
UPID US77-1540545
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Garden Center at Tractor Supply Garden Center
  • Tractor Supply Co. Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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