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23401790
24806836

1566 E Sumner St, Hartford, WI 53027

AL
WI 60516 - 90
Mid-America Real Estate
TR
WI 11292294
Mid America Real Estate Milwaukee
DR
WI 55452
Mid America Real Estate Milwaukee
Listed by Mid-America Real Estate, Mid America Real Estate Milwaukee
$4,300,000
403 days on market
Updated 3 days ago

Hilldale Plaza

Details
APN 36-2202006003
Property Type Retail
Sub Type Grocery Store, Shopping Center
Square Footage 61,782
Net Rentable (SqFt) 61,782
Cap Rate 7.88%
NOI $338,935
Occupancy 100%
Tenancy Multi
Brand/Tenant piggly wiggly
Lease Type NNN
Price per SqFt $70
Broker Co-Op No
Class B
Year Built 1984
Year Renovated 1997
Buildings 1
Stories 1
Acreage 6.850
Zoning Commercial
Parking Spaces 363 spaces
Parking Per SqFt 5.88
Investment Type Value Add
Tenant Credit Credit Rated, Corporate Guarantee
Ground Lease No
Ownership 100

Piggly Wiggly–Anchored Retail Center

Marketing description

Hilldale Plaza is a fully leased, 61,782 SF grocery-anchored retail center in Hartford, WI, featuring Piggly Wiggly (72.8 % of GLA) and four in-line tenants with a weighted average lease term exceeding four years.

Delivering a 2025 As-Is NOI of $333,374 and below-market anchor rent poised for mark-to-market upside in 2029, the property boasts 6.07 stalls per 1,000 SF, strong visibility along Highway 60 (20,700 VPD) and an affluent five-mile trade area (28,700 population; $105,800 avg. household income).

This asset offers stable cash flow with contractual escalations, limited grocery competition and significant value-add potential upon lease renewal.

Investment highlights

Grocery-Anchored Stability: Piggly Wiggly represents 72.8 % of GLA at an in-place rent of $3.83 PSF, with mark-to-market upside upon renewal in 2029.

Full Occupancy & WALT: 100 % leased with a weighted average lease term > 4 years and built-in escalations across all five tenants.

Value-Add Potential: Below-market anchor rent and strong renewal leverage; opportunity to drive NOI at mark-to-market rates.

Prime Retail Corridor: 20,700 VPD on Highway 60; immediate proximity to Walmart, Aldi, Festival Foods, and easy access to I-41.

Affluent Trade Area: 5-mile population of 28,700 with average household income of $105,800 and limited direct grocery competition.

Strong 2025 Cash Flow: NOI with no leasing assumptions is $333,374

Listing Contacts

AL
WI 60516 - 90
Mid-America Real Estate
TR
WI 11292294
Mid America Real Estate Milwaukee
DR
WI 55452
Mid America Real Estate Milwaukee
Listed by Mid-America Real Estate, Mid America Real Estate Milwaukee

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$338,935.00
$28,244.58/mo

Valuation Metrics

0
DSCR
7.88%
Cap Rate
7.88%
ROI

Map

Zoning

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B-1 CommercialNeighborhood CommercialNeighborhood Business
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Last updated Jan 21, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Andrew Lund
License
60516 - 90
Brokerage
Mid-America Real Estate
Brokerage Phone
6088077464
Title
Commercial Real Estate Broker
Name
Tanner Rosen
License
11292294
Brokerage
Mid-America Real Estate
Brokerage Phone
2622269865
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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