Investment Overview

LOW RENT & PRICE POINT TRACTOR SUPPLY • This Tractor Supply has a lower rent of $174,000 which equates to a lower price point compared to most Tractor Supply properties. INVESTMENT GRADE TENANT • Tractor Supply Company is the largest brick and mortar retailer serving recreational farmers, ranchers, homeowners, gardeners, and pet enthusiasts nationwide. • Tractor Supply is a publicly traded (NYSE: TSCO) Fortune 500 company with an S&P investment grade credit rating of BBB. • The company was founded in 1938, has 2,164 locations, and is headquartered in Brentwood, TN • Annual Revenue (Fiscal Year 2022) exceeded $14.2 Billion • Tractor Supply Co. also operates Petsense by Tractor Supply, a small-box pet specialty retailer providing products and services for pet owners. As of 2023, TSCO operates 189 Petsense by Tractor Supply stores in 23 states. NEWLY RENOVATED TRACTOR SUPPLY | 10-YEAR CORPORATE LEASE WITH INCREASES • The subject property is a 36,962 SF newly renovated Tractor Supply located in Chilton, WI. • There are 9 years remaining on the 10-year corporate guaranteed NN Lease with Tractor Supply. • Tenant is responsible for Taxes, CAM, Insurance, and HVAC. • Landlord is responsible for roof, structure, and parking lot. The parking lot was repaved and a majority of the roof was replaced as a part of the renovation. • There are 10% rent increases in each of the four, 5-year option periods. NEAR GREEN BAY | 3RD MOST POPULOUS CITY IN WI • Chilton is 35 miles south of downtown Green Bay on Hwy 32 (9,200 VPD) • Green Bay is the 3rd most populous city in the state and is the county seat of Brown County. • Known as the toilet paper capital of the world because 8,000 tons of paper is produced in Green Bay and the paper industry supports over 6,000 jobs in the county. • Home to the 4x super bowl champions, the Green Bay Packers, who have an economic impact of $150 million per year. • The University of Wisconsin-Green Bay has 8,970 students and 1,000 employees. 14 MANUFACTURING FACILITIES WITHIN A 2 MILE RADIUS • Chilton is the county seat of Calumet County and is home to many national and international businesses from manufacturing, industrial, agricultural, and dairy products. • There are 14 manufacturing facilities within a 2 mile radius of this Tractor Supply that support over 700 jobs. • From 2020 to 2021, employment in Chilton, WI grew at a rate of 4.34%, from 2.08k employees to 2.17k employees.