Tractor Supply Store Coming to Marana - Real Estate Daily News

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Marana Development Group, LLC an affiliate of Baseline Development, LLC of North Carolina purchased 4.34 acres from 2030 East, LLC (Eddy Chernecki, principal) for[mepr-show rules=”58038″]$1 million for construction of a Tractor Supply store. The land is located on the southwest side of I-10 Frontage Road between Ina and Cortaro Roads, adjacent and to the south of the Lasertel building at 7775 N Casa Grande Hwy in Marana. The buyer plans to begin construction before year end for the opening of Tractor Supply’s first location in the area for Spring 2014.

Tractor Supply Company (NASDAQ: TSCO) is the largest retail farm and ranch store chain in the United States. The company operates over 1,245 retail stores in 48 states, employs more than 18,000 team members and is headquartered in Brentwood, Tenn.

The company was founded in 1938 as a mail order catalog business offering tractor parts to America’s family farmers. Today Tractor Supply is a leading edge retailer with revenues of approximately $4.7 billion.

Tractor Supply stores are primarily located in rural areas and the outlying suburbs of major cities. The typical Tractor Supply store has 15,000-24,000 square feet of inside selling space with a similar amount of outside space used to display agricultural fencing, livestock equipment and horse stalls.

Stores supply the unique products to support their customers’ rural lifestyle, from welders and generators to animal care products and men and women’s workwear. You can also find pet supplies, animal feed, power tools, riding mowers, lawn and garden products and more. Each store team includes welders, farmers and horse owners who collectively provide an exceptional depth of knowledge and resources.

Tractor Supply is committed to fulfilling the needs of those who enjoy the rural lifestyle: folks who frequently describe themselves as hobby farmers and hobby ranchers. It is estimated that the “hobby” or “pleasure” farmer consumer segment spends more than $5.5 billion annually on farm supplies. Today less than 10 percent of the company’s customers classify themselves as full-time farmers or ranchers. In fact, Tractor Supply’s largest customer segment does not farm at all. They are more aptly described as rural or suburban homeowners, or “self-reliants.”

Tractor Supply is continuing to grow with new stores. In Arizona, Tractor Supply opened its first store this year in Prescott Valley followed by seven other locations in Benson, Sierra Vista, Thatcher, Miami (Globe), Show Low, Wickenburg and Kingman that opened November 9th. Three additional stores are under development in Buckeye, Yuma and now Marana, with other sites being considered the company continues to look for additional locations throughout Arizona.

Thrac Paulette of Vast Real Estate Solutions in Tucson represented the seller and David Long of PK Realty in Phoenix represented the buyer.

Paulette has another 3.07 acres adjacent to the Tractor Supply property still available and can be contacted at (520) 904-5055 for more information. Talk to Long at (602) 574-0731.

Property closed on 11/26/2013. Buyer paid $25,000 down with balance financed with conventional financing. Escrow time was 5 months due to plan approval. The property had all utilities will be leased to Tractor Supply [/mepr-show]