2227 Stallings DrNacogdoches, TX 75964

Property Details for 2227 Stallings Dr

Lot size

7.64 AC

Property size (Sq ft)

23,957 SF

Property type

Specialty properties

Property subtype

Lifestyle centers

Description

This exceptional investment opportunity presents a brand-new, 23,957-square-foot Tractor Supply Company store situated on a 7.64-acre lot in Nacogdoches, Texas. Located at 2227 N Stallings, this single-tenant property boasts a 15-year net lease commencing November 10, 2024, and expiring November 29, 2039, with a substantial remaining lease term of 15 years. The lease includes four 5-year renewal options, each with a 5% rent increase. The property benefits from a corporate guarantee from Tractor Supply Company, a Fortune 500 company operating over 2,000 stores, ensuring strong tenant creditworthiness. The asking price is $6,759,050, translating to $282.13 per square foot. This strategically located property enjoys excellent visibility and accessibility, with high daily vehicle traffic counts on nearby roadways. The property's location within Nacogdoches County, an area with a significant agricultural presence (over 1,000 farms encompassing over 200,000 acres and over $500 million in product sales in 2022), further enhances its investment appeal. The 5% rent bumps every 5 years throughout the primary lease term and options provide consistent income growth. This property offers a compelling combination of a strong tenant, long-term lease, and attractive location, making it an ideal addition to any investment portfolio. The property is 100% occupied.

Location Insight

City

Nacogdoches

County

Nacogdoches

State

Texas

Latitude

31.6522

Longitude

-94.6746

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