1122 Barnes Crossing RdTupelo, MS 38804

Property Details for 1122 Barnes Crossing Rd

Year built

2024

Lot size

5.75 AC

Property size (Sq ft)

21,930 SF

Property type

Retail properties

Property subtype

Retail space

Description

This exceptional investment opportunity presents a brand-new, 21,930-square-foot Tractor Supply store in Tupelo, Mississippi. Located at 1122 W Barnes Crossing Rd, this Class A, single-tenant retail property sits on a 5.75-acre lot and boasts a prime location within Tupelo's main retail corridor. The building, constructed in 2024, features a modern design incorporating Tractor Supply's latest prototype, including a garden center and an expansive fenced outdoor display area. The property benefits from excellent visibility and accessibility with two primary access points to Barnes Crossing Road, a four-lane highway with a center turning lane and convenient Interstate 22 connectivity. The 15-year net lease, commencing June 27, 2024, and expiring June 15, 2039, includes rent bumps every five years and four or five-year renewal options. Tractor Supply, a Fortune 500 company and the largest rural lifestyle retailer in the U.S., provides a strong, investment-grade tenant with a "BBB/Stable" bond rating. The lease is corporately guaranteed, offering significant security. The property's location within a thriving retail area, alongside major retailers like Home Depot, Sam's Club, and Walmart, ensures consistent high traffic and strong consumer spending. The surrounding area boasts a high average household income, further enhancing the investment's potential. The landlord's roof and structure obligations are mitigated by a 15-year GAF Ever Guard roof with a NDL Roof Guarantee. This is a rare opportunity to acquire a high-quality, net-leased property anchored by a financially stable, category-leading tenant in a rapidly growing market. The asking price is $7,930,938, representing a price per square foot of $361.65.

Location Insight

City

Tupelo

County

Lee

State

Mississippi

Latitude

34.316

Longitude

-88.7116

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].