New, High-Performing Relocation Store with Build-to-Suit Construction featuring TSC's Newer and Larger 24,500±SF CC+ Prototype Store Design which includes a 20,000±SF Fenced Outdoor Display Area and Outdoor Barn Structure and Permanent Trailer and Equipment Display Areas.
Highlights
High-Performing Relocation Store with Build-to-Suit Construction featuring TSC's Newer and Larger 24,500±SF CC+ Prototype Store Design
New 15-Year Lease with Four (4) 5-year Options to Renew | Fixed Rental Increases throughout Lease Term & Options
Oversized 5-acre Parcel between the vibrant cities of Orange Park and Middleburg (Greater Jacksonville MSA)
Property Benefits from Direct Frontage to Blanding Boulevard [SR 21], the dominant retail corridor and major thoroughfare in the area
Publicly Traded Tenant with Corporate Guaranty [NASDAQ: TSCO] | S&P 'BBB' Credit Rating | $14.6B Net Sales in 2023, 2.5% Increase over 2022
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.
