Quality Construction Tractor Supply Co. servicing the Orlando MSA and operating on a Corporate-backed 15-year Net-Lease with Four (4) 5-year Options to Extend.
Highlights
Desirable Demos - Above AHHI - Well Located Near Orlando City Center and Nearest in Orlando MSA
Quality Construction - Not Metal Concept - Full CMU Block Building with Real Brick Accents & Steel Roof Bar Joists
Very Low Estimated Rent-to-Sales Ratio of 3.6%
Publicly Traded Tenant (NASDAQ: TSCO) - TSC Reports 1st QTR 2022 Financial Results - Net Sales Increased 8.3%; Comparable Store Sales Increased 5.2% on Top of 38.6% Comparable Store Sales Growth Last Year
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.