Hilldale Plaza

Investment Overview

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 2027 NOI of $338,935 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.