filings.toolsItem 2. Properties
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Item 2. Properties
At December 28, 2019, the Company operated 2,024 stores in 49 states (1,844 Tractor Supply and Del’s retail stores and 180 Petsense retail stores). The Company leases approximately 94% of its stores. Store leases typically have initial terms of between 10 and 15 years, with two to four optional renewal periods of five years each, exercisable at our option. No single lease is material to the Company’s operations.
The following is a count of store locations by state:
| State | Number of Stores | State | Number of Stores | |||||||||||||||||
| Texas | 221 | Wisconsin | 24 | |||||||||||||||||
| North Carolina | 100 | Massachusetts | 23 | |||||||||||||||||
| Pennsylvania | 97 | Maryland | 23 | |||||||||||||||||
| Tennessee | 97 | Colorado | 22 | |||||||||||||||||
| Ohio | 93 | Illinois | 22 | |||||||||||||||||
| Georgia | 92 | Maine | 21 | |||||||||||||||||
| Michigan | 90 | New Hampshire | 21 | |||||||||||||||||
| New York | 90 | New Jersey | 21 | |||||||||||||||||
| Florida | 73 | Connecticut | 20 | |||||||||||||||||
| Kentucky | 71 | Nebraska | 18 | |||||||||||||||||
| California | 69 | Utah | 15 | |||||||||||||||||
| Indiana | 63 | North Dakota | 14 | |||||||||||||||||
| Virginia | 63 | Minnesota | 13 | |||||||||||||||||
| Alabama | 62 | Oregon | 10 | |||||||||||||||||
| Louisiana | 59 | Iowa | 9 | |||||||||||||||||
| Oklahoma | 56 | South Dakota | 9 | |||||||||||||||||
| South Carolina | 48 | Vermont | 8 | |||||||||||||||||
| Mississippi | 41 | Wyoming | 8 | |||||||||||||||||
| Arkansas | 38 | Delaware | 6 | |||||||||||||||||
| Arizona | 34 | Montana | 6 | |||||||||||||||||
| Missouri | 30 | Idaho | 5 | |||||||||||||||||
| New Mexico | 29 | Rhode Island | 5 | |||||||||||||||||
| West Virginia | 28 | Nevada | 4 | |||||||||||||||||
| Kansas | 26 | Hawaii | 2 | |||||||||||||||||
| Washington | 25 | |||||||||||||||||||
| 2,024 |
The following is a list of distribution locations including the approximate square footage and if the location is leased or owned:
| Distribution Facility Location | Approximate Square Footage | Owned/Leased Facility | ||||||||||||
| Frankfort, New York | 924,000 | Owned | ||||||||||||
| Franklin, Kentucky | 833,000 | Owned | ||||||||||||
| Pendleton, Indiana | 764,000 | Owned | ||||||||||||
| Macon, Georgia | 684,000 | Owned | ||||||||||||
| Waco, Texas | 666,000 | Owned | ||||||||||||
| Casa Grande, Arizona | 650,000 | Owned | ||||||||||||
| Hagerstown, Maryland (a) | 482,000 | Owned | ||||||||||||
| Hagerstown, Maryland (a) | 309,000 | Leased | ||||||||||||
| Waverly, Nebraska | 592,000 | Owned | ||||||||||||
| Seguin, Texas (b) | 71,000 | Owned | ||||||||||||
| Lakewood, Washington (b) | 64,000 | Leased | ||||||||||||
| Longview, Texas (b) | 63,000 | Owned |
(a) The leased distribution center in Hagerstown is treated as an extension of the existing owned Hagerstown location and is not considered a separate distribution center.
(b) This is a mixing center designed to process certain high-volume bulk products.
The Company’s Store Support Center occupies approximately 260,000 square feet of owned building space in Brentwood, Tennessee, and the Company’s Merchandising Innovation Center occupies approximately 32,000 square feet of leased building space in Nashville, Tennessee.
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