1208 W Highway 28 | Owensville, MO 65066
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- LoopNet Team
1208 W Highway 28
Owensville, MO 65066
Tractor Supply Co - Owensville MO · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Tractor Supply Co. Double-Net Lease with 13.9 Years Remaining in Owensville, MO
- Low Rent of Only $3.22/SF; Offered Well-Below Replacement Cost at $54/SF
- 5% Rent Increase in 2030 & 10% Rent Increase in 2035; +93 bps to CAP Rate by End of Current Term
- Extremely Low 2.8% Rent-to-Sales Ratio; Reported Strong Sales of $4.34 Million in 2023
- Strong Commitment to Site Demonstrated via February 2024-Executed 10-Year Early Extension Taking Term into 2038
- Minimal Landlord Responsibilities – Mostly Roof/Structure; Tenant Self-Maintains HVAC, Parking Lot, CAM & Insurance, Reimburses Taxes
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
37,895 SF
Building Class
C
Year Built
1981
Tenancy
Single
Number of Floors
1
Building FAR
0.15
Lot Size
5.97 AC
Parking
204 Spaces (5.38 Spaces per 1,000 SF Leased)
AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 14-9.0-31-000-000-009.010 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £195,543 |
PROPERTY TAXES
Parcel Number
14-9.0-31-000-000-009.010
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£195,543
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