Exclusive sale of a Tractor Supply Company property located at 965 Benner Pike, State College, PA 16801. This 19,085 SF building is situated on a spacious site, featuring a large outdoor display area, garden section, and feed station, all tailored to serve the rural lifestyle market. The property offers investors a stable cash flow with minimal landlord responsibilities under an Absolute NNN lease structure. Tractor Supply Company (TSCO), a publicly traded company rated BBB/Baa1, is the largest rural lifestyle retailer in the United States, operating over 2,200 locations nationwide. The corporate guarantee on this lease underscores the tenant's financial stability and commitment to the location. The property is strategically located near major thoroughfares, including U.S. Route 322 and Interstate 99, providing excellent visibility and accessibility. These highways facilitate convenient transportation and connectivity to the broader region. State College, PA, is home to Pennsylvania State University, contributing to a dynamic and growing economy. The area has experienced a 1.36% population increase from 2021 to 2022, reaching approximately 40,902 residents. The median household income also rose by 1.03% during the same period, indicating economic growth and stability.
The Tractor Supply property is part of a vibrant retail corridor, with neighboring establishments including, Harbor Freight Tools, Walmart Supercenter, Lowe's Home Improvement, The Home Depot, Target, Kohl's, Dick's Sporting Goods, Applebee's, and Starbucks This diverse mix of retailers enhances the property's appeal and foot traffic, contributing to its long-term viability. This offering presents a unique opportunity to acquire a well-positioned, income-generating asset with a strong national tenant in a growing market. The combination of a stable tenant, favorable lease terms, and a thriving local economy makes this an attractive investment for discerning buyer.