OFFERING SUMMARY
Price: $4,527,417
Cap Rate: 6.00%
Gross Leasable Area: 19,097 SF
NOI: $271,645
OFFERING HIGHLIGHTS
- Just Over Five Years Remaining on Term
- 10% Escalations Every Five Years
- Corporate Guarantee
- Minimal Landlord Responsibilities
INVESTMENT OVERVIEW
Marcus & Millichap is pleased to offer for sale a Tractor Supply Co (NYSE: TSCO) store located at 6225 Mahoning Ave., Youngstown, Ohio, situated on 4.85 acres. The property features a double net+ lease with five years and four months remaining, minimal landlord responsibilities, and very rare rental increases of 10 percent every five years. Priced at $237 per square foot, this is a prime opportunity to enter a recession-resistant investment boasting a strong return.
