Retail Space
5141 Douglas Avenue Racine, WI 53402
Details & Description
Price: $4,000,000
    Opportunity to co-anchor Green Tree Centre with the only Pick 'n Save in Caledonia! Located on Highway 32 and 4 Mile Road, approximately 2 miles northwest of Racine, this center has control of the northern full-access point off Highway 32 and a 4.7:1,000 sf parking ratio. Built in 1990, with a new roof added in 2012 (warranty through 8/20/27). This property is zoned for B-3 - Commercial Service District. There is a current lease in place through 5/31/21 with 9 5-year options; the owner is willing to terminate the lease if a buyer or lessee desires. Subject to Greentree Centre REA.
    Listing Agents
    David Baker

    O: 608-362-8981
    DBaker@midamericagrp.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    5141 Douglas Avenue

    Racine, WI 53402

    Listing ID: 215300
    • 5141 Douglas Avenue Racine, WI 53402 | for Sale | Photo 1
    • 5141 Douglas Avenue Racine, WI 53402 | for Sale | Photo 2
    • 5141 Douglas Avenue Racine, WI 53402 | for Sale | Photo 3
    5141 Douglas Avenue | for Sale | Thumbnail 1
    5141 Douglas Avenue | for Sale | Thumbnail 2
    5141 Douglas Avenue | for Sale | Thumbnail 3
    Building Size: 86,479 SF
    Lot Size: 10.200 AC
    Land Size: 444,311 SF
    Building $/SF: $46.25
    Land $/SF: $9.00
    Price
    $4,000,000
    Description

    Opportunity to co-anchor Green Tree Centre with the only Pick 'n Save in Caledonia! Located on Highway 32 and 4 Mile Road, approximately 2 miles northwest of Racine, this center has control of the northern full-access point off Highway 32 and a 4.7:1,000 sf parking ratio. Built in 1990, with a new roof added in 2012 (warranty through 8/20/27). This property is zoned for B-3 - Commercial Service District. There is a current lease in place through 5/31/21 with 9 5-year options; the owner is willing to terminate the lease if a buyer or lessee desires. Subject to Greentree Centre REA.

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    Listing Demographics for 5141 Douglas Avenue Racine, WI 53402

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

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    Common Questions and Answers

    What is the asking price for 5141 Douglas Avenue in Racine?
    The asking price for 5141 Douglas Avenue is $4,000,000
    What is the building size of this Retail property in Racine, WI?
    The size of the building/unit at 5141 Douglas Avenue in Racine is 86,479 square feet
    How much land does the Racine, WI property at 5141 Douglas Avenue include?
    5141 Douglas Avenue in Racine includes 10.200 acres of land
    What kind of Retail is the property at 5141 Douglas Avenue?
    The property at 5141 Douglas Avenue Racine, WI 53402 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 5141 Douglas Avenue in Racine?
    The population within 1 mile of 5141 Douglas Avenue Racine, WI 53402 is 4,930 people.
    Who do I contact for questions about 5141 Douglas Avenue?
    You should contact the listing agent, David Baker, for any details regarding this commercial listing.

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