Naugatuck Business, Property Sells For $5.375 MillionBrian McCready, Patch Staff
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 over 1,800 stores in 49 states supplying basic maintenance products to home, land, pet and animal owners.
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,” officials said.