Companies thriving during a pandemic?
In Virginia:
“Tucked into a suburban shopping center about two miles from a Civil War battlefield, this Tractor Supply Co. outlet has become a rare hot spot in an economy that has gone ice cold.
Since the first days of the coronavirus pandemic, the retailer for farmers, ranchers and suburbanites who fancy themselves farmers or ranchers has enjoyed what its chief executive calls an “unprecedented” sales surge. Fencing, bird feed, plumbing supplies, pet food, outdoor apparel, live chickens, lawn tractors — just about anything in stock has been flying out of its 1,881 stores nationwide.”
How does a landlord know which tenants and businesses will thrive in good times and bad? Businesses like The Tractor Supply Co., the Home Depot, and other businesses that favor DIY home projects are thriving in this social distancing lockdown environment. When renting to a tenant it is paramount to think of all the possibilities the future may bring. May you have success with all your investments.