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Details: Retail

Asking Price: $2,330,000

Square Feet: 34,622 SF

Asking Cap Rate: 7.00%

Year Built: 1973

Year Renovated: 2021

NOI: $163,109

Tractor Supply & EZ Rentals

181 Plaza Rd SW, Wise, VA

  • Tractor Supply is a corporate credit tenant and has term until 2036
  • Tractor Supply is an investment grade tenant
    • S&P: BBB
    • Moody’s: Baa1
  • EZ Rentals has 19 locations nationwide
  • Tractor Supply has occupied the center since 2007 showing commitment to the location
    • Tractor Supply expanded in 2021
  • Roof was applied in 2021
    • Roof under warranty until 2036
  • Parking lot lights have recently been upgraded to LED
  • In Wise’s main retail corridor with national retailers including Walmart, Lowe’s, Food City, Ollie’s, and Harbor Freight
  • Located adjacent to a 147,000sf retail center with tenants including Ashley Furniture and Big Lots
  • Immediate traffic counts of 21,442 vehicles per day
  • Great visibility from Hwy 23
  • Assumable financing in place

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