NAUGATUCK, CT — The Tractor Supply Company store and property located at 1160 New Haven Road has recently sold for $5.375 million, according to Matt Halprin, Senior Vice President of New England Retail Properties, Inc.
The property consists of a 19,097 square-foot building along with a 15,000 square-foot outdoor sales area on 4.16 acres. The Naugatuck store opened with a “warm welcome” from the local community in 2017, officials said. The seller was Naugy Doggy Development LLC., a subsidiary of New England Retail Properties, Inc., the purchaser was a Minnesota based REIT. The business will remain in Naugatuck.
About Tractor Supply Co.
Tractor Supply Company is the largest operator of rural lifestyle retail stores in America. Founded in 1938 as a mail order tractor parts business, Tractor Supply Company (also referred to as TSC) owns and operates [...]
New England Retail Properties, Inc. (NERP) announces the sale of the Tractor Supply (TSC) store located at 361 Scott Swamp Road (Route 6) in Farmington, Connecticut for a price of $3,625,000. The property was sold through AEI Property Corporation, Chicago, IL. Mark D’Addabbo, President along with Matthew Darling, Vice President of NERP worked together with Ian Harrison of AEI Capital Corporation, Chicago, IL handling the negotiations between the Seller and Purchaser, a private 1031 investor.
New England Retail Properties, Inc. announces the sale of the Tractor Supply development located at 1313 Main Street in Millis, Massachusetts for a price of $5.8million. The property was sold through AEI, Chicago, IL. The tenant is investment grade and drew significant interest from several groups. Matthew J. Darling, VP of Development at NERP and Ian Harrison of AEI Capital Corporation handled the negotiations between the Seller and Purchaser.
New England Retail Properties, Inc. has announced the sale of the Tractor Supply/O’Reilly Auto development located at 2750 Hartford Avenue (Route 6) in Johnston, Rhode Island for a price of slightly more than $7 million.
New England Retail Properties, Inc. has announced the sale of a 12,300 square foot multi-tenanted building located on Route 1 in Ipswich, Massachusetts. The building was situated on a portion of a 22 acre site previously operated as a mini-golf and driving range and initially acquired by an affiliate of New England Retail Properties in April, 2014 to be developed for Tractor Supply Company. Subsequent to the purchase of the property, a lease for the entire building was signed with Galleria Stone & Tile which contained provisions allowing them to purchase the property upon certain conditions being met. Galleria Stone & Tile, which has several locations throughout New England elected to exercise their right to acquire the property in December, 2016 for $950,000.
New England Retail Properties completed the construction of the Tractor Supply in late [...]