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Matthews™ Facilitates Sale of Tractor Supply Company in Texas
Matthews™ Facilitates Sale of Tractor Supply Company in Texas featured image

DALLAS— Matthews™, a commercial real estate investment services and technology firm, completed the sale of Tractor Supply Company, located at 1215 US-380, Bridgeport, Texas. Matthews™ Executive Vice President & Managing Director Chad Kurz represented the seller, and Vice President & Associate Director Kevin McKenna represented the buyer in the transaction, which marked the highest price for a retail property sold in the Northwest Fort Worth submarket in the last year.

The newly constructed 23,957-square-foot property sits on 3.61 acres and is leased to Tractor Supply under a new 15-year lease with scheduled rent growth. Positioned along US Highway 380, the asset benefits from strong visibility, convenient access, and proximity to surrounding national and regional retailers, supporting long-term tenant demand and investment stability.

The Matthews™ agents leveraged the firm’s proprietary platform to directly source a trusted repeat buyer completing a 1031 exchange. The California-based investor was attracted to the property’s new construction, long-term lease, scheduled rent growth, and alignment with their net lease acquisition criteria. Through close coordination between both parties, Matthews™ facilitated an efficient transaction process, resulting in a 27-day closing.

“Investor demand for essential retail tenants like Tractor Supply continues to drive the market, particularly for assets with long-term leases and strong real estate fundamentals,” McKenna said. “We were able to leverage our network to source an ideal 1031 exchange buyer and achieve a swift closing that met our client’s strategic objectives.”

For more information, please contact Chad Kurz, Kevin McKenna, or visit www.matthews.com.

About Matthews™

Matthews™, a commercial real estate investment services and technology firm, holds recognition as an industry leader in investment sales, leasing, and debt and structured finance. Based out of Nashville, TN, and strategically positioned with over 1,000 agents and employees in 30 offices across the United States, Matthews™ continues to focus on expansion into new markets. For more information, please visit www.matthews.com.

PRESS CONTACT

Sophia Biazus
(562) 447-6918
sophia.biazus@matthews.com

Net Lease Retail

Additional Authors

Kevin McKenna photo

Kevin McKenna

Vice President & Associate Director

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