Retail Space
200 North Edwards Boulevard Lake Geneva, WI 53147
Details & Description
Price: $10,410,000
    SRS Investment Properties Group is pleased to present the rare opportunity to acquire the fee simple interest in Lake Geneva Commons, a three-tenant, grocery-anchored net leased shopping center spanning 51,369 square feet. The tenant lineup includes Aldi (14 years remaining), Petco (5 years remaining), and HomeGoods (7 years remaining), all on corporate net leases and all featuring multiple options to extend with rent increases. HomeGoods is investment grade (S&P: A+) and comprises over 35% of the leasable area, and Aldi is one of the largest grocers in the world, both providing an investor with a substantial amount of risk adjusted sercurity. The site also features two outparcels (NAP), Taco Bell (with drive-thru), and a two-tenant building with Sherwin Williams and Rosati’s, increasing traffic to the center and promoting crossover shopping.
    Listing Agents
    Sean Lutz

    O: 312-279-5345
    sean.lutz@srsre.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.

    200 North Edwards Boulevard

    Lake Geneva, WI 53147

    Listing ID: 255168
    200 North Edwards Boulevard Lake Geneva, WI 53147 | for Sale | Photo 1
    Building Size: 51,369 SF
    Lot Size: 5.360 AC
    Land Size: 233,481 SF
    Building $/SF: $202.65
    Land $/SF: $44.59
    Price
    $10,410,000
    Description

    SRS Investment Properties Group is pleased to present the rare opportunity to acquire the fee simple interest in Lake Geneva Commons, a three-tenant, grocery-anchored net leased shopping center spanning 51,369 square feet. The tenant lineup includes Aldi (14 years remaining), Petco (5 years remaining), and HomeGoods (7 years remaining), all on corporate net leases and all featuring multiple options to extend with rent increases. HomeGoods is investment grade (S&P: A+) and comprises over 35% of the leasable area, and Aldi is one of the largest grocers in the world, both providing an investor with a substantial amount of risk adjusted sercurity. The site also features two outparcels (NAP), Taco Bell (with drive-thru), and a two-tenant building with Sherwin Williams and Rosati’s, increasing traffic to the center and promoting crossover shopping.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Rockford History of Retail Space for Sale

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    Lake Geneva Area Market Trends

    Listing Demographics for 200 North Edwards Boulevard Lake Geneva, WI 53147

    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 Population3,04112,10623,212
    Population Median Age404141
    Population by Age0-9 Yrs285 (9%)1366 (11%)2641 (11%)
    10-19 Yrs485 (15%)1643 (13%)3415 (14%)
    20-29 Yrs374 (12%)1218 (10%)2315 (9%)
    30-39 Yrs306 (10%)1338 (11%)2406 (10%)
    40-49 Yrs364 (11%)1372 (11%)2679 (11%)
    50-59 Yrs525 (17%)2027 (16%)4019 (17%)
    60-69 Yrs373 (12%)1677 (13%)3021 (13%)
    70+ Yrs328 (10%)1466 (12%)2714 (11%)
    Median HH Income$47,552$60,004$66,705
    Total Household Income< 24K311 (22%)955 (18%)1423 (15%)
    25-49K415 (30%)1329 (25%)2114 (22%)
    50-74K229 (16%)861 (16%)1728 (18%)
    75-99K222 (16%)799 (15%)1503 (16%)
    100-199K173 (12%)1043 (19%)1987 (21%)
    200K+25 (1%)271 (5%)598 (6%)
    Highest Education LevelNo Diploma1986041272
    Diploma or GED62923294715
    Some College47917763584
    Assoc. Degree1206031175
    Bachelors Degree46520023386
    Higher Degree19911401868
    Total Housing Units1,6927,33213,638
    --Owner-Occupied5453,2596,582
    --Renter-Occupied8301,9992,771
    Owner-Occupied Values< 100K50301759
    100-199K21810992188
    200-299K1549561757
    300-399K71409743
    400-499K21187471
    500K+30306663
    Total Working Age Population2,5029,75118,444
    In Work Force1,7706,66412,458
    Not In Work Force7333,0865,986
    Workforce Employed1,6526,29511,780
    Workforce Unemployed118369679
    Civlian Workforce1,7706,66412,458
    Military Workforce000
    Total Households1,3755,2589,352
    Family Households7613,3046,345
    Non-Family Households6141,9543,007
    Married Couple5442,5474,924
    Other Family2177561,422
    Married w/Child1728161,633
    Single Male w/Child3478186
    Single Female w/Child80321537

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Wisconsin5,363,675+65,686,986+66,005,080+66,375,910
    Walworth County93,759+9102,228+7109,365+11121,835

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    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.

    Common Questions and Answers

    What is the asking price for 200 North Edwards Boulevard in Lake Geneva?
    The asking price for 200 North Edwards Boulevard is $10,410,000
    What is the building size of this Retail property in Lake Geneva, WI?
    The size of the building/unit at 200 North Edwards Boulevard in Lake Geneva is 51,369 square feet
    How much land does the Lake Geneva, WI property at 200 North Edwards Boulevard include?
    200 North Edwards Boulevard in Lake Geneva includes 5.360 acres of land
    What kind of Retail is the propery at 200 North Edwards Boulevard?
    The property at 200 North Edwards Boulevard Lake Geneva, WI 53147 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 200 North Edwards Boulevard in Lake Geneva?
    The population within 1 mile of 200 North Edwards Boulevard Lake Geneva, WI 53147 is 3,041 people.
    Who do I contact for questions about 200 North Edwards Boulevard?
    You should contact the listing agent, Sean Lutz, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    General Mitchell International Airport (MKE) 36
    Chicago Rockford International Airport (RFD) 44
    Chicago O'Hare International Airport (ORD) 50