5141 Douglas Avenue

Racine, WI 53402

Listing ID: 215300
$4,000,000
For Sale
  • Property Type Retail : Shopping Center
  • Lot Size Acres 10.200
  • Building Sq Ft 86,479
  • Building Price per Sq Ft $46.25
  • Land Sq Ft 444,311
  • Land Price per Sq Ft $9.00
5141 Douglas Avenue - main image
5141 Douglas Avenue - alt image 2
5141 Douglas Avenue - alt image 3
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.

Attachments & Files
Listing Demographics

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.

1-Mile 3-Miles 5-Miles
Total Population4,93042,19195,123
Population Median Age424240
Population by Age0-9 Yrs490 (9%)4310 (10%)11645 (12%)
10-19 Yrs615 (12%)5342 (12%)12894 (13%)
20-29 Yrs551 (11%)4374 (10%)11493 (12%)
30-39 Yrs491 (9%)4361 (10%)10987 (11%)
40-49 Yrs713 (14%)5585 (13%)11707 (12%)
50-59 Yrs776 (15%)6560 (15%)14102 (14%)
60-69 Yrs769 (15%)6025 (14%)11983 (12%)
70+ Yrs525 (10%)5635 (13%)10312 (10%)
Median HH Income$81,809$66,034$56,356
Total Household Income< 24K241 (12%)2932 (16%)8551 (22%)
25-49K372 (19%)3885 (21%)8729 (22%)
50-74K239 (12%)3035 (17%)6828 (17%)
75-99K409 (21%)2581 (14%)5029 (12%)
100-199K580 (30%)4204 (23%)7857 (20%)
200K+86 (4%)1071 (6%)1700 (4%)
Highest Education LevelNo Diploma26123136996
Diploma or GED1100864918600
Some College662679814926
Assoc. Degree44632236572
Bachelors Degree708552910686
Higher Degree30337556691
Total Housing Units2,02718,70041,297
--Owner-Occupied1,52812,98824,684
--Renter-Occupied3994,71914,010
Owner-Occupied Values< 100K11321005333
100-199K548566810553
200-299K75434335744
300-399K799461562
400-499K27322705
500K+8519787
Total Working Age Population4,10234,69675,609
In Work Force2,64121,35246,781
Not In Work Force1,46113,34428,828
Workforce Employed2,56020,52944,221
Workforce Unemployed738042,532
Civlian Workforce2,63321,33346,753
Military Workforce81928
Total Households1,92717,70738,694
Family Households1,36511,70925,025
Non-Family Households5625,99813,669
Married Couple1,2479,40818,016
Other Family1192,3027,009
Married w/Child5173,5046,798
Single Male w/Child202811,163
Single Female w/Child368993,178

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Wisconsin5,363,675+65,686,986+66,005,080+66,375,910
Milwaukee County940,164+1947,735+3972,610+1980,450
Racine County188,831+3195,408+4203,560+5212,740

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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.

Listing Location & Map Views
Listing Agent
David Baker Agent Photo

David Baker

Mid-America Real Estate Wiscon
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