Tractor Supply Co.

Internet-Resistant Business Model

• Tractor Supply’s focus on livestock feed, fencing, farm and ranch supplies, pet products, propane and outdoor equipment generates frequent customer visits and supports long-term occupancy.

Nation’s Largest Rural Lifestyle Retailer

• Tractor Supply Company (NASDAQ: TSCO) is the largest rural lifestyle retailer in the United States, ranking #296 on the Fortune 500, operating more than 2,500 stores nationwide and generating approximately $15.52 billion in annual revenue in fiscal year 2025 — providing investors with institutional-grade net lease credit.

Proven Growth

• The company grew net sales 4.3% in fiscal year 2025 and opened 99 new Tractor Supply stores plus 5 new Petsense locations during the year, underscoring a disciplined, ongoing expansion strategy.

Investment-Grade Credit Rating

• Tractor Supply holds a Baa1 rating from Moody’s and a BBB rating from S&P Global, both with a stable outlook, reflecting consistent cash flow and conservative financial policies.

New Construction Tractor Supply

• Purpose-built for Tractor Supply’s latest prototype, the property offers modern construction and is designed to meet the tenant’s long-term operational needs.

Recession-Resilient Sector

• Farm, ranch, and rural lifestyle retail is among the most need-based and e-commerce-resistant categories in retail real estate, driven by essential demand for livestock feed, pet supplies, and hardware.