1031 Exchange – Tractor Supply NNN


Address

Tractor Supply Company, Burlington, Wisconsin

Objective

Identifying and procuring an acceptable NNN investment property – on or off-market – for the buyer in a 1031 Exchange – NNN Leased Investment.

Challenges

  1. Operating in an extremely competitive marketplace for Tractor Supply leased properties.

  2. Identifying properties and negotiating sale terms in a short time period.

  3. Assisting the buyer in determining to pay defeasance versus a loan assumption.

  4. Representing both the buyer and seller in an ff-market transaction.

Result

Touchstone Commercial Partners completed the sale of 1801 Milwaukee Avenue in Burlington, Wisconsin, within a short time resulting in a satisfied buyer who completed his 1031 Exchange. TCP also assisted the seller, moving his property at a record low cap rate.

For more information contact Jamie Harrison