Tractor Supply Anchored Investment For Sale | 306-362-362 S Ocotillo Ave
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Tractor Supply Anchored Investment For Sale 306-362-362 S Ocotillo Ave
47,000 SF 85% Leased Retail Building Benson, AZ 85602 £2,659,862 (£56.59/SF) 7% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Retail investment anchored by Tractor Supply, the largest rural lifestyle retailer in the United States.
- Immediate upside through leasing of vacancies.
- Within close proximity to multiple new housing developments.
- Internet and recession resistant business featuring tenants in home improvement, agricultural technology, fitness, and beauty.
- Low price per square foot with average rents cheaper than $6.20 psf per year.
- Situated in a popular tourist destination.
EXECUTIVE SUMMARY
Roof renovated in 2024 with 10-year warranty, stucco and paint improvements from 2022. Property is currently 85% leased with five vacant spaces remaining in the center.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
47,000 SF
Building Class
B
Year Built/Renovated
1979/2005
Price
£2,659,862
Price Per SF
£56.59
Net Initial Yield
7%
NOI
£186,190
Percent Leased
85%
Tenancy
Multiple
Number of Floors
1
Building FAR
0.24
Lot Size
4.52 AC
Opportunity Zone
Yes
Zoning
B-2 - B-2, General Business
Parking
200 Spaces (4.26 Spaces per 1,000 SF Leased)
Frontage
108 ft on S Ocotillo Ave
AMENITIES
- Pylon Sign
- Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Space was built out as a salon and currently has plumbing and salon bowls.
- 1 &2
- 3,200-12,648 SF
- Retail
- End Cap
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,745 SF | Retail | In-Line | Now |
| 1 &2 | 3,200-12,648 SF | Retail | End Cap | Now |
1st Floor
| Size |
| 1,745 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1 &2
| Size |
| 3,200-12,648 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
1st Floor
| Size | 1,745 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
Space was built out as a salon and currently has plumbing and salon bowls.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | £114,270 | |
| Land Assessment | £39,852 | Total Assessment | £154,122 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£39,852
Improvements Assessment
£114,270
Total Assessment
£154,122
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Tractor Supply Anchored Investment For Sale | 306-362-362 S Ocotillo Ave
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