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7535 75th St
Kenosha, WI 53142
Walgreens · Commerce de détail Propriété À vendre


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FAITS SAILLANTS DE L'INVESTISSEMENT
- Long-Term Historical Occupancy with Recent Extension
- Hard Corner Signalized Intersection
- Oversized Parcel with Ample Parking
- $110K+ Avg. HHI within 1 Mile
- Hyper-Regional Dominant Retail Corridor
- Proximity to $1 Billion Kenosha Innovation Neighborhood Development
RÉSUMÉ DE L'ANNONCE
Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a fee simple interest in the Walgreens located in Kenosha, Wisconsin (“The Property”). The Property consists of a 13,905-square-foot freestanding retail building on a 2.05-acre parcel of land. Walgreens has operated at this location since 1996 and recently exercised a 10-year lease extension through 2036, demonstrating long-term commitment to the site. The Property operates under a NN lease with minimal Landlord responsibilities, offering a passive investment with stable income. The lease includes four remaining five-year tenant termination options, allowing for continued occupancy flexibility while preserving durable cash flow.
Kenosha is a dynamic economic engine strategically positioned between Milwaukee and Chicago, anchoring the booming southeastern Wisconsin corridor. The city sits at the center of a business-friendly region experiencing rapid industrial, retail, and mixed-use growth. With seamless access to both I-94 and Highway 50, Kenosha has become a critical link between two major metro areas, drawing substantial investment from national corporations and developers. This growth is reflected in rising incomes, with average household income within a one-mile radius projected to increase from $110,446 to $127,216 by 2029, representing an annual growth rate of 2.87%.
Kenosha is a dynamic economic engine strategically positioned between Milwaukee and Chicago, anchoring the booming southeastern Wisconsin corridor. The city sits at the center of a business-friendly region experiencing rapid industrial, retail, and mixed-use growth. With seamless access to both I-94 and Highway 50, Kenosha has become a critical link between two major metro areas, drawing substantial investment from national corporations and developers. This growth is reflected in rising incomes, with average household income within a one-mile radius projected to increase from $110,446 to $127,216 by 2029, representing an annual growth rate of 2.87%.
FAITS SUR LA PROPRIÉTÉ En dépôt fiduciaire
Type de vente
Investissement
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
13 905 pi²
Classe d’immeuble
B
Année de construction
1995
Prix
3 767 833 $ CAD
Prix par pi²
270,97 $ CAD
Taux de capitalisation
8%
Revenu net d’exploitation
301 427 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,16
Taille du lot
2,05 AC
Zonage
B-1
Impôts fonciers
| Numéro de lot | 03-122-10-201-041 | Évaluation des bâtiments | 1 925 791 $ CAD |
| Évaluation du terrain | 1 350 175 $ CAD | Évaluation totale | 3 275 966 $ CAD |
Impôts fonciers
Numéro de lot
03-122-10-201-041
Évaluation du terrain
1 350 175 $ CAD
Évaluation des bâtiments
1 925 791 $ CAD
Évaluation totale
3 275 966 $ CAD
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