Tractor Supply Company | 2715 N Summit St
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Tractor Supply Company 2715 N Summit St
54,116 SF Retail Building Arkansas City, KS 67005 $3,673,026 CAD ($68 CAD/SF) 6.50% Cap Rate
Investment Highlights
- Long Term Net Lease to Tractor Supply Co (NASDAQ: TSCO) with 10 Years Remaining
- Priced Below Replacement Cost at $47.38 PSF
- Among Top Sales Locations for Olscheln Farm & Home Prior to Acquisition by Tractor Supply Co
- Adjacent to High-Performing Walmart Supercenter - 1.6 Million Visits Per Year per Placer.Ai
- Tenant Renewed Lease Early, Demonstrating Long-Term Commitment to Site
- Oversized Lot with Potential Outlot Development Opportunity
Executive Summary
Arkansas City (population 11,974) is the most populous city in Cowley County, Kansas near the Oklahoma border. The city is located approximately 134 miles from Oklahoma City and 122 miles from Tulsa. The region benefits from an established economic base in manufacturing, with major companies in the area including Galaxy Technology, Robotzone, GE Engines, Newell Rubbermaid, KanPak, Creekstone Premium Beef, ADM Milling, Morton Buildings, Western Industries, Webster Engineering, Columbia Elevators, and Greif Bros. The county has four industrial parks which are home to 2,000 acres of industrial space, and Cowley College and Southwestern College provide an educated, well-trained workforce.
The subject property is strategically located with excellent access and visibility along North Summit Street (15,550 AADT) outparcel to a high-performing Walmart Supercenter (1.6 million annual visits per Placer.Ai). The site benefits from robust demographics with a total daytime population of 14,919 within a 5 mile radius. Average household income within 5 miles of the site is $70,720.
In Association with ParaSell, Inc. | A Licensed Kansas Broker #CO00002998
The subject property is strategically located with excellent access and visibility along North Summit Street (15,550 AADT) outparcel to a high-performing Walmart Supercenter (1.6 million annual visits per Placer.Ai). The site benefits from robust demographics with a total daytime population of 14,919 within a 5 mile radius. Average household income within 5 miles of the site is $70,720.
In Association with ParaSell, Inc. | A Licensed Kansas Broker #CO00002998
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
54,116 SF
Building Class
B
Year Built
1987
Price
$3,673,026 CAD
Price Per SF
$68 CAD
Cap Rate
6.50%
NOI
$238,772 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
9.80 AC
Opportunity Zone
Yes
Zoning
C-3
Parking
304 Spaces (5.64 Spaces per 1,000 SF Leased)
Frontage
509 ft on N Summit St
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 306-13-0-40-01-002.00-0 | Improvements Assessment | $422,921 CAD |
| Land Assessment | $60,011 CAD | Total Assessment | $482,933 CAD |
PROPERTY TAXES
Parcel Number
306-13-0-40-01-002.00-0
Land Assessment
$60,011 CAD
Improvements Assessment
$422,921 CAD
Total Assessment
$482,933 CAD
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Tractor Supply Company | 2715 N Summit St
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