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Property profile & analytics
OFF-MARKET Estimated value $655,000
Outlet malls

519 Madison St Chilton, WI 53014-1254

37,318 SF 0.72 ac lot Built 1972
Entity Owned 11-yr Hold Free & Clear
Property ID
US92-1154028
Property summary
AI-generated overview

This exceptional investment opportunity presents a 36,962-square-foot Tractor Supply store in Chilton, Wisconsin. Built in 2023, this property boasts a new 10-year net lease (NN) with a corporate guarantee from Tractor Supply Company, a Fortune 500 company with an S&P investment-grade credit rating. The lease commenced February 27, 2022, and has approximately 8.4 years remaining, with 5% rent increases built into the lease and option periods. The current annual net operating income (NOI) is $174,000, resulting in a 6.65% cap rate on the $2,617,000 asking price. The property sits on a 3.79-acre lot at 519 N Madison St, Chilton, WI 53014, conveniently located 35 miles south of Green Bay on a high-traffic highway (9,200 vehicles per day). The tenant is responsible for taxes, CAM, insurance, and HVAC, while the landlord maintains the roof, structure, and parking lot (recently repaved). Chilton's robust economy, fueled by 14 manufacturing facilities within a two-mile radius and a growing employment rate, makes this a compelling investment. The property benefits from its proximity to Green Bay, Wisconsin's third-largest city, known for its significant paper industry and the Green Bay Packers. This combination of a strong tenant, favorable lease terms, and a thriving local economy offers a secure and potentially high-return investment.

Property profile
Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 1972
Total area 37,318 SF
Lot 0.72 ac (31,450 SF)
APN 16697
UPID US92-1154028
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Tractor Supply Co. Pet Store & Service
  • Garden Center at Tractor Supply Garden Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$620k
CAP Approach CAP
by Request
Comparable Approach Comparable
$687k
Blend (final) Blend
$655k
Owner & transaction history
City Of Chilton · 11 yrs held
City Of Chilton
since 2015
1 recorded transaction
2015
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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