CMK Properties Announces New Tractor Supply Company Development in Grand Rapids, Minnesota

GRAND RAPIDS, MN – CMK Properties has closed on a new build-to-suit development for Tractor Supply Company in Grand Rapids, Minnesota, further expanding its portfolio of single-tenant net lease retail developments across the Midwest. The property, located at 1111 South Pokegama Ave, Grand Rapids, MN, will bring Tractor Supply's proven rural lifestyle retail concept to one of northern Minnesota's key regional markets.

The development will feature Tractor Supply's 22,130 square-foot prototype store and is expected to break ground in August 2026, with construction anticipated to be complete in early 2027. Once open, the store will serve customers throughout the Grand Rapids area, providing products and services for farming, ranching, pet care, gardening, home improvement, and outdoor living.

As a regional center for commerce and recreation, Grand Rapids continues to experience steady economic growth while serving communities throughout northern Minnesota. The area's strong outdoor culture, expanding residential base, and longstanding connection to agriculture and forestry make it an ideal market for Tractor Supply's continued growth.

"Our goal is to identify markets where national retailers can establish a long-term presence while meeting the needs of growing communities," said John Hopfensperger, Founder and CEO of CMK Properties. "Grand Rapids represents another strong opportunity to deliver a high-quality development for Tractor Supply, and we're excited to continue building on the successful relationship we've developed over the years."

The Grand Rapids closing reflects CMK Properties' continued focus on partnering with nationally recognized retailers to develop institutional-quality commercial real estate in strategically selected markets. By combining disciplined site selection with an experienced development team, the firm continues to grow a portfolio designed for long-term performance and lasting value.

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About CMK Properties

Headquartered in Brentwood, Tennessee, CMK Properties is a fully integrated real estate investment, development, and management firm. With over three decades of experience, the firm specializes in build-to-suit, single tenant net lease development. CMK's core focus is on identifying and capitalizing on stable, predictable real estate investments for accredited private investors and institutional partners. The company operates nationwide, with a strong emphasis on creditworthy tenants and high-performing assets across 21 states.

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About Tractor Supply Company

Tractor Supply Company, headquartered in Brentwood, Tennessee, is an investment-grade tenant renowned for its commitment to serving a unique niche in the retail market. TSC's dedication to product localization, exclusive brands, and exceptional customer service has propelled it to become the largest rural lifestyle retailer in the United States.