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33963483
33963482

2179 U.S. 8, St Croix Falls, WI 54024

KP
CA 01949749
Matthews
CK
CA 01911198
Matthews
MA
NY 10401389299
Matthews
CM
NY 10401392874
Matthews
Listed by Matthews
$3,311,057
4 days on market
Updated 3 days ago

Tractor Supply Co Center Recently Extended 10 Years

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 67,000
Cap Rate 7.28%
NOI $241,201
Brand/Tenant Tractor Supply
Remaining Term 9.8
Year Renovated 2026
Acreage 13.400
Investment Type Value Add
Ground Lease No

Wisconsin's #1 Tractor Supply — Value-Add Retail Center With 37,000 SF Upside

Investment highlights

• Top-Performing Wisconsin Location – Ranked the #1 Tractor Supply in Wisconsin and in the top 20th percentile nationally in terms of foot traffic per Alpha Maps, demonstrating strong demand for its goods and services in the area.

• Demonstrated Tenant Commitment – Tractor Supply has operated at the site since 2005, recently completed a full renovation and just executed a new 10-year lease extension, including a substantial rent increase.

• Long-Term Passive Lease – Tenant responsible for taxes, insurance, and CAM, providing a low-management investment with limited landlord responsibilities.

• Investment-Grade Credit Tenant – Lease guaranteed by Tractor Supply Company (NASDAQ: TSCO), the nation’s largest rural lifestyle retailer with more than 2,400 locations nationwide.

• Attractive Rent Growth – Tractor Supply lease includes 7.5% rental increases every five years, providing strong income growth, inflation protection and growing overall return.

• Significant Value-Add Opportunity – Approximately 37,000 SF of vacant junior anchor space offers lease-up potential and a clear path to future NOI and value growth.

• Strong Retail Synergy – Adjacent to a Walmart Supercenter ranked in the 28th percentile nationally as per Alpha Maps, with nearby Marketplace Foods, McDonald’s, Circle K, O’Reilly Auto Parts, Dairy Queen, and other established national and regional retailers.

• Strategic Highway 8 Retail Corridor – High-visibility location along the region’s primary east-west artery, benefiting from high commuter traffic counts, and a growing rural lifestyle customer base.

• Growing Market Fundamentals – Benefiting from continued population growth, expanding acreage development, and proximity to the Minneapolis/St. Paul metro area.

Listing Contacts

KP
CA 01949749
Matthews
CK
CA 01911198
Matthews
MA
NY 10401389299
Matthews
CM
NY 10401392874
Matthews
Listed by Matthews

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$241,201.00
$20,100.08/mo

Valuation Metrics

0
DSCR
7.28%
Cap Rate
7.28%
ROI

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Additional Information

Name
Matthew Fitzgerald
License
1983-90, 938105-91 (WI)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
1600 West End Ave, Ste. 1500 Nashville, TN 37203
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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