352 River St. · Montpelier, VT 05602 · Specialty Retail
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Tractor Supply Company | Montpelier, Vermont 352 River Street | $6,352,000 | 6.25% Cap Rate
Touchstone Commercial Partners is pleased to present an exceptional net lease investment opportunity — a freestanding Tractor Supply Company (TSC) located in Montpelier, Vermont, the state capital. Offered at $6,352,000 with a 6.25% cap rate, this 22,620 SF building sits on 5.02 acres and is secured by a long-term lease running through September 2035, with four 5-year renewal options each carrying a rare 10% rental increase — providing investors with a built-in hedge against inflation and dependable long-term income growth.
A Nationally Dominant Performer in a Protected Trade Area
This is not an average Tractor Supply location. With 366,000 site visits over the trailing 12 months, this store ranks #15 out of 2,306 TSC locations nationwide in site visits — placing it in the 99th percentile for customer traffic per Placer.ai. The nearest competing TSC is 30 miles away in Morrisville, VT, giving this location an effectively captive trade area with no cannibalization risk.
Superior Access and Visibility
Situated directly on Route 302 with 18,500 vehicles per day and just 4 minutes from I-89 (24,000 VPD), the property benefits from excellent regional accessibility. The surrounding retail corridor includes CVS, Dollar General, AutoZone, McDonald's, Burger King, and Pizza Hut — anchoring the site as a proven consumer destination. Downtown Montpelier is just 2.5 miles away.
Affluent, Growing Demographics
The property is supported by strong surrounding demographics, with an average household income of $100,000 within 5 miles and $114,976 within 20 miles, across a trade area population of over 81,600. Washington County's economy is driven by state government, healthcare, education, and tourism — providing a stable, recession-resistant consumer base.
Investment Highlights
This offering combines the credit quality of a publicly traded, Fortune 300 retailer with the traffic performance of a top-tier store in a protected, high-income market — an ideal core net lease asset for investors seeking durable cash flow and long-term upside.
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Asking-market observation aggregated from public listing sources, last observed Sep 18, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.