Overview
Located at 1313 Main Street in Millis, Massachusetts, this Tractor Supply property presents an opportunity to acquire a well-established retail asset occupied by the nation’s largest rural lifestyle retailer. The approximately 19,907-square-foot building sits on a sizable 12.43-acre parcel with ample parking and benefits from excellent visibility along Route 109, which sees more than 14,000 vehicles per day. Positioned within an affluent and growing Boston-area submarket, the property is supported by strong demographics, including average household incomes exceeding $189,000 within five miles and more than 74,000 residents in the surrounding trade area. The site is leased to Tractor Supply Company, a Fortune 500, investment-grade (BBB rated) retailer operating over 2,400 locations nationwide, demonstrating a long-term commitment to the location and continued national expansion.
Investment Highlights
EXPANSIVE 12-ACRE RETAIL ASSET
• Situated on a large 12.43-acre parcel featuring approximately 19,900 square feet of building area.
• Includes 74 parking spaces, providing ample customer parking.
BEST-IN-CLASS INVESTMENT-GRADE TENANCY
• Leased to Tractor Supply Company, the nation’s largest rural lifestyle retailer serving recreational farmers, ranchers, homeowners, gardeners, and pet enthusiasts.
• Publicly traded on the NYSE (TSCO), a Fortune 500 company with an S&P investment-grade BBB credit rating.
• Founded in 1938, Tractor Supply operates 2,400+ locations across 49 states and employs approximately 50,000 people nationwide.
INDUSTRY LEADER WITH CONTINUED GROWTH
• Tractor Supply plans to open approximately 100 new stores in 2026 and 800 locations by 2030, demonstrating continued expansion and long-term growth.
• Average unit volumes of approximately $6.5 million per store reinforce the strength of the operating platform.
LONG-TERM SITE COMMITMENT
• Tractor Supply has successfully operated at this location for more than 9 years.
• Future NOI growth with scheduled rental increases of 10% every 5 years.
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