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1026 S Challis St
Salmon, ID 83467

$4,130,000 USD

Freestanding For Sale  •  36,187 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 36,187 SF
  • Lot Size 4.87 AC
  • Building Class C
  • Year Built 2015
  • Cap Rate 5.75 %
  • Tenancy Single
  • Zoning Commercial
0 Transit Score
32 Walk Score

Highlights

Corporately Backed Tractor Supply Co.: National, Public Company (NASDAQ: TSCO) with 2,300 Locations in 49 States, Investment Grade Credit (Baa1/BBB)
13.5 Years of Original Lease Term Remaining, Multiple Rental Increases (6.10% CAP Rate in 2028) and 4, 5-Yr. Option Periods with Increases
Ideal, Low Management Asset for Passive Investor: Tractor Supply Co. Handles ALL Daily On-Site Maintenance, Real Estate Taxes and Insurance
Wide Radius Draw: Next Closest Tractor Supply Store to the East and West are Over 325 Miles Away
Salmon: Ranked as “One of the 100 Best Communities for Young People,” Honored by America’s Promise Alliance and Awarded the “Great Strides Award”
Strong and Growing Community with Average Household Incomes Over $80,000 Within a 10-Mile Radius

Property Flyers

Cap Rate: 5.75 %

Major Tenants

Tenant SF Occupied Lease End Date
Tractor Supply Company 36,187 SF 12/1/2038

Amenities

  • Signage
Daniel Cooper 440-915-7902 Cooper Commercial Investment Group
Daniel Cooper 440-915-7902 Cooper Commercial Investment Group