NEW ENGLAND RETAIL PROPERTIES, INC SELLS NEWTOWN, CT TRACTOR SUPPLY
Matt Halprin, Senior Vice President of New England Retail Properties, Inc. is pleased to announce the sale of the Newtown, Connecticut Tractor Supply Co. located at 116 South Main Street (Route 25), Newtown, Connecticut 06470. According to local land records the property was sold for $5,925,000. The Tractor Supply property consists of a 19,097 square-foot building plus a 15,075 square-foot outdoor sales area on approximately 8.2 acres.
The property was developed by Strawberry Fields, LLC., a subsidiary of New England Retail Properties, Inc. in 2014 and was the first Tractor Supply store in Fairfield County. The purchaser was a private investor based in Connecticut.
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 1,850 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.