Tractor Supply Co. is the nation’s leader in farming equipment needs, agriculture, lawn care and maintenance, based out of Brentwood, Tennessee. With over 1,800 locations in 46 states, Tractor Supply is in a unique market, in constant demand in rural areas of the country. Due to this, they are considered a highly sought-after, stable company financially. Leases are typically 15 years with rent escalations of 5%-10% every 5 years. Leases usually include anywhere from one to five, 5-year option periods. Locations need 2.0-5.0 acres to accommodate the need for a 20,000sf building.