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Greentree Centre 2408-5141 Douglas Ave 1,600 - 3,400 SF of Space Available in Racine, WI 53402
HIGHLIGHTS
- Anchored by Pick 'n Save with WingStop, Cost Cutters and McDonald's.
- Population exceeds 85,200 people with an average household income greater than $85,500 in a five-mile radius.
- Located at the intersection of Douglas Avenue (15,600 VPD) and 4 Mile Road (10,200 VPD).
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 4 | 1,600 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste OL22 | 1,800 SF | Negotiable | $34.18 CAD/SF/YR $2.85 CAD/SF/MO $61,528 CAD/YR $5,127 CAD/MO | Triple Net (NNN) |
5005-5139 Douglas Ave - 1st Floor - Ste 4
Retail space available.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Anchored by Pick 'n Save.
5055 Douglas Ave - 1st Floor - Ste OL22
Medical space available.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Medical Space
- Fits 5 - 15 People
- Located in-line with other retail
- Anchored by Pick 'n Save.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT GREENTREE CENTRE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- SoleilCity 2.0
- -
- 1
- -
- Solstice Health
- Health Care and Social Assistance
- 1
- -
- U.S. Cellular
- Wireless Communications
- 772
- National
- Wingstop
- Fast-food
- 2,760
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| SoleilCity 2.0 | - | 1 | - |
| Solstice Health | Health Care and Social Assistance | 1 | - |
| U.S. Cellular | Wireless Communications | 772 | National |
| Wingstop | Fast-food | 2,760 | International |
PROPERTY FACTS
| Total Space Available | 3,400 SF | Frontage | Douglas Ave |
| Center Type | Community Center | Gross Leasable Area | 168,141 SF |
| Parking | 1026 Spaces | Total Land Area | 19.82 AC |
| Center Properties | 4 | Year Built | 1989 |
| Total Space Available | 3,400 SF |
| Center Type | Community Center |
| Parking | 1026 Spaces |
| Center Properties | 4 |
| Frontage | Douglas Ave |
| Gross Leasable Area | 168,141 SF |
| Total Land Area | 19.82 AC |
| Year Built | 1989 |
ABOUT THE PROPERTY
Greentree Centre in Racine, Wisconsin, is anchored by Pick 'n Save and offers retail space for lease alongside national brands such as WingStop, Cost Cutters, McDonalds and more.
- Bus Line
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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Greentree Centre | 2408-5141 Douglas Ave
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