519 Madison St Chilton, WI 53014-1254
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.
-
Tractor Supply Co. Pet Store & Service
-
Garden Center at Tractor Supply Garden Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.