Proposed Anchor Retail Lot | 9.63 Acres Green Bay Rd 9.63 Acres of Commercial Land Online Auction Sale Kenosha, WI 53142

Welcome to the commercial business development opportunity along Green Bay Road in Kenosha’s Indian Trail Plaza, a growing shopping center anchored by Lowe’s.

The subject is a commercial site containing 419,483 square feet (9.63 acres) of vacant land with two income-producing pylons on the site, reporting a monthly rent of $1,500. The land is offered to the market as a leveled, grassy field with a concrete perimeter curb and a paved parking lot section within the shopping center.

The parcel is zoned B-2, which allows for a variety of retail uses, making it attractive to a new buyer, supported by the synergy of the Indian Trail Plaza tenants. Surrounding demand generators include Summit Credit Union, Five Below, Jimmy John's, Hobby Lobby, Harbor Freight, Fresh Thyme Market, Petco, Cinemark Tinseltown, Meijer, and many other national retailers and local eateries. Additionally, the site is densely populated with residential housing, driving consumer demand and spending power.

Specific to the 10-mile demographics surrounding the subject, there is a growing population of 210,444 residents with an annual spending power of $2.5 billion. Approximately 94,076 daytime employees travel into the realm for work, with many reporting to the large corporate headquarters of companies such as United Airlines, W.W. Grainger, Northern Trust, and McDonald’s. Retail rent growth in the Chicago Market currently measures 2.6%, trailing the national average of 1.9%. Suburban areas outperform, with 1.5% growth, compared to urban areas.