Tractor Supply Co. NNN Lease
Square Footage: 19,211
Year Renovated: 2017
This is a unique opportunity to purchase a corporately guaranteed NNN Tractor Supply Company in Hammonton, New Jersey. With just under 11 years remaining in the Lease and 4, 5-Year Options thereafter, this long term net lease features 10% increases every 5 years throughout the Base Term as well as the Option Periods. The next 10% increase is scheduled to occur on 2/28/2022. Minimal landlord responsibilities include: Structure / Roof / Slab / Paving.
Hammonton is a town in Atlantic County, New Jersey, United States, known as the “Blueberry Capital of the World”. As of the 2010 United States Census, the town’s population was 14,791, reflecting an increase of 2,187 (+17.4%) from the 12,604 counted in the 2000 Census, which had in turn increased by 396 (+3.2%) from the 12,208 counted in the 1990 Census.
It is located directly between Philadelphia and the resort town of Atlantic City, along a former route of the Pennsylvania Railroad that is used by NJ Transit’s Atlantic City Line.