MIDDLETOWN, CT TRACTOR SUPPLY CO. SOLD FOR $5,860,000.
Matt Halprin, President & COO of New England Retail Properties, Inc. is pleased to announce the sale of the Middletown, Connecticut Tractor Supply Co. located at 815 Newfield Street, Middletown, CT 06457. The property was sold for $5,860,000. The Tractor Supply property consists of a 19,097 square-foot building plus a 15,075 square-foot outdoor sales area on approximately 4.55 acres.
The property was developed in 2013 by Middletown Development Partners LLC a partnership of New England Retail Properties, Inc. of Wethersfield, CT headed by Matt Halprin and Mack V Development of West Hartford, CT. headed by Mark D’ Addabbo. The purchaser was a private investor based in the Midwest.
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 over 2,100 stores and 177 Petsense stores in 49 states supplying basic maintenance products to home, land, pet and animal owners. Based in Brentwood, Tenn., Tractor Supply is a public company whose stock is traded on The NASDAQ National Market under the symbol TSCO.
A niche market of farmers, horse owners, ranchers, part-time and hobby farmers, and suburban and rural homeowners, as well as contractors and tradesmen. TSC stores are located primarily in towns’ outlying major metropolitan markets and in rural communities.
At TSC, customers find everything they need to maintain their farms, ranches, homes and animals. As the inventors of the “do it yourself” trend, our customers handle practically every chore themselves, from repairing wells to building fences, welding gates together, constructing
feed bins, taking care of livestock and pets, repairing tractors and trucks and building trailers for hauling. TSC’s products include: clothing, equine and pet supplies, tractor/trailer parts and accessories, lawn and garden supplies, sprinkler/irrigation parts, power tools, fencing, welding and pump supplies, riding mowers and more.