deal image
Project Diamondstone
Asset ClassRetail
overview of deal

Overview

Globalvestment Capital Partners is pleased to present the exclusive opportunity to acquire Project Diamondstone, 16 newly built triple net-leased Tractor Supply Company (NASDAQ: TSCO) properties, that can be purchased individually, in groups, or as a portfolio.

 

The properties are strategically located across 7 high-demand states - Florida (3), California (1), Pennsylvania (2), Alabama (3), Mississippi (5), Idaho (1) and Oregon (1). Each asset is a single-tenant, purpose-built, long term NNN lease structure, offering a safe and secure long-term monthly cash flow for you.

Access the Data Room

Investment Highlights

  • Secure Income: $7.1M starting NOI across 16 assets, giving you a secure monthly cash flow
  • Zero Landlord Responsibility: 100% long-term NNN leases, so no time required rom you
  • Built-in Rent Growth: 5% increases every 5 years
  • Asset Diversification: Properties across 7 strategic states (FL, CA, PA, AL, MS, OR, ID)
  • 1031 Exchange-Ready: Ideal hands-off inflation-hedged investment
  • Strong Real Estate: Avg. 21,200 SF on 4.35 AC lots — all recently built
  • Long-Term Stability: 14.35-year Weighted Average Lease Term (WALT) with renewal options

Founded in 1938, Tractor Supply Company is the largest rural lifestyle retailer in the U.S., operating 2,502 stores across 49 states. In 2024, Tractor Supply achieved record revenue of $14.9 billion, driven by market share gains across all key categories. Its earnings per share grew to $2.04, supported by disciplined cost control and a needs-based product model. The company has maintained a 12.2% net sales CAGR from 2019 to 2024, reflecting both organic and strategic expansion. Tractor Supply holds investment-grade credit ratings from S&P Global and from Moody’s (affirmed September 2024), both reflecting a strong credit outlook and confirming the company’s long-term financial stability so your cash flow is reliable.

deal image

Inquire

Listing provided by Revere CRE