PRESS RELEASE: Accelerated Development Leases 25,898 SF to Tractor Supply in Kingman, Ariz.

Kingman, Ariz. - Tractor Supply will be opening a new 25,898 square foot store at Frontier Crossing, located at the southeast corner of Interstate 40 and Stockton Hill Road in Kingman, Arizona.  They will join 99 Cent Only and Sears Hometown as part of the tenant lineup for this newly redeveloped shopping center.  The Tractor Supply store will open in the 4th quarter of this year. 

This will be just the third Tractor Supply Store in Arizona.  The first one is located in Globe and is opening by the end of July.  The Kingman and Prescott Valley stores are slated for later this year.  Tractor Supply is in nearly 1200 stores in 45 states across the United States.  The stores typically locate in rural communities or in the outlying areas of larger cities.  The company focuses their products to serve the needs of their customers’ rural lifestyle.  They carry everything that is needed to maintain farms, ranches, homes and animals.  Each store team includes welders, farmers and horse owners who collectively provide an exceptional depth of knowledge and resources for their customers. 

The property is being jointly developed by Accelerated Development Services and Wadsworth Development.  The ownership group is finalizing the redevelopment of the store fronts, parking lot and landscaping.  “Tractor Supply is going to be a great compliment to our shopping center.   With the high level of interest from retailers, it’s been very exciting to be able to finalize leases for the spaces in a relatively short amount of time,” said Dave Cheatham, President for Accelerated Development.  “This type of store concept does not currently exist in Kingman or the surrounding towns; it should be a welcome addition for the area.” 

Currently the shopping center has 30,000 square feet remaining to be leased.  Discussions are in progress with potential retailers who will round out the tenant mix and complete the project.  99 Cent Only and Sears Hometown are holding grand openings on July 25th.   The leasing team of Michael Clark and John Jackson from Velocity Retail Group are working with the ownership group on all potential new tenants.  They can be reached at 602-682-6075. 

With offices in Dallas, Texas and Phoenix, Arizona, Accelerated Development Services is a subsidiary of Velocity Retail Group, and continues its interest in build-to-suit and buy-to-suit opportunities for retailers looking to expand in markets where there may not be quality real estate available. While focusing in markets throughout the West, Accelerated continues to expand their expertise in re-adapting shopping centers and providing asset management for its retailers and capital partners.

Tractor Supply Company is the leading retail farm and ranch store brand in America. Founded in 1938 as a mail order tractor parts business, Tractor Supply Company (also referred to as TSC) owns and operates over 1,197 stores in 45 states supplying daily farm and ranch maintenance supplies to a targeted customer base. Based in Brentwood, Tenn., Tractor Supply is a public company whose stock is traded on The NASDAQ National Market under the symbol TSCO.