1026 S Challis St - Freestanding FOR SALE


Salmon, ID 83467
$4,130,000 USD
440-915-7902
1026 S Challis St, Salmon, ID for Sale
$4,130,000 USD
Freestanding - FOR SALE
1/7
null | 5.75% Cap Rate

1026 S Challis St
Salmon, ID 83467


HIGHLIGHTS

  • Corporately Backed Tractor Supply Co.: National, Public Company (NASDAQ: TSCO) with 2,300 Locations in 49 States, Investment Grade Credit (Baa1/BBB)
  • 13.5 Years of Original Lease Term Remaining, Multiple Rental Increases (6.10% CAP Rate in 2028) and 4, 5-Yr. Option Periods with Increases
  • Ideal, Low Management Asset for Passive Investor: Tractor Supply Co. Handles ALL Daily On-Site Maintenance, Real Estate Taxes and Insurance
  • Wide Radius Draw: Next Closest Tractor Supply Store to the East and West are Over 325 Miles Away
  • Salmon: Ranked as “One of the 100 Best Communities for Young People,” Honored by America’s Promise Alliance and Awarded the “Great Strides Award”
  • Strong and Growing Community with Average Household Incomes Over $80,000 Within a 10-Mile Radius

OVERVIEW

• Corporately Backed Tractor Supply Co.: National, Publicly Traded Brand (NASDAQ: TSCO) with 2,300 Locations in 49 States, Investment Grade Credit (Baa1/BBB) and Strong Guarantor with an Estimated $30.43 Billion Net Worth, a 21.41% Increase Over 2024 • 13.5 Years of Original Lease Term Remaining, Multiple Rental Increases (6.10% CAP Rate in 2028) and 4, 5-Yr. Option Periods with Increases • Ideal, Low Management Asset for an Out-of-State, Passive Investor: Tractor Supply Co. Handles ALL Daily On-Site Maintenance, Real Estate Taxes and Insurance • Wide Radius Draw: Next Closest Tractor Supply Store to the East and West are Over 325 Miles Away • Salmon: Ranked as “One of the 100 Best Communities for Young People,” Honored by America’s Promise Alliance and Awarded the “Great Strides Award” by the Northwest Area Foundation for Economic Development Initiatives • High Traffic Location: Main North-South Roadway Through Salmon with Excellent Visibility and Prominent Pylon Signage • Strong and Growing Community with Average Household Incomes Over $80,000 Within a 10-Mile Radius • Stable Tenant: Over 85 Years in Business and Annual Reported Revenue of $14.88 Billion • Salmon Home to Region’s Largest Employers: Salmon School District and Steele Memorial Medical Center • Salmon Boasts Extension Campus of the University of Idaho Focusing on Agriculture, Beef Production Practices and 4-H Youth Development • Tourist & Outdoor Enthusiast’s Paradise: World-Class White-Water Rafting and Fishing Along the Salmon River, Hiking and Camping in the Stunning Salmon-Challis National Forest and Loads of Hunting, Horseback Riding, and Winter Recreation

FOR SALE DETAILS

PRICE

$4,130,000 USD

PRICE/SF

$114 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tractor Supply | No Mgmt. Asset | 13.5 Yrs.

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Light Distribution, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.87 AC

LAND SF

212,137 SF

ZONING

Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Daniel CooperCooper Commercial Investment GroupMore Info
440-915-7902

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Daniel CooperCooper Commercial Investment GroupMore Info
440-915-7902

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.