TMO has just closed on the sale of a NNN property in NC that is net leased to Tractor Supply Company. The sale price was just over $3.2M nearing an 8% cap rate. TMO represented the buyer who is a private investor in a 1031 Exchange. The seller was represented by SJC.
The property is leased on an absolute net basis to TSC for another 10 years ensuring a long term passive investment for the owner. Tractor Supply Company is an operator of retail farm and ranch stores in the United States.
TMO provides clients with passive investment opportunities like this around the U.S. Net leased properties give investors peace of mind, long term stable cash flows with very low risk.
Contact TMO for a free investment evaluation via email or toll free at 1.866.539.1777
