Anchored Neighborhood Shopping
For Sale
$6,500,000
3900 Erie Street, Racine, WI 53402
Shopping center anchored by Piggly Wiggly, Dollar Tree, and Razor Sharp Fitness in Racine, Wisconsin.
Property Size91,381 SF
Price / SF$71.13
Days on Market51
Property Features for 3900 Erie Street
General Information
Standard status
Active
Size
91,381 SF
Property subtype
Retail
Additional Details
Cap Rate
7.54%
Building Details
Tenancy
Multi
Listing Agency:
Newmark - Milwaukee WI
Listed By:
Brian Vanevenhoven · License #52951
(262) 893-5786
Source:
Nmrk
Added: Jul 25
Changed: Sep 9
Last Checked: Sep 12 at 8:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Newmark - Milwaukee WI
Investment Insights
Based on property information with market context.
Shorecrest Shopping Center is a 91,381 SF retail shopping center offered for sale. The center is anchored by Piggly Wiggly, Dollar Tree, and Razor Sharp Fitness, supporting a tenant mix focused on daily-needs retail and service-oriented use.
Located at 3900 Erie Street in Racine, Wisconsin, Shorecrest Shopping Center offers an anchored neighborhood retail configuration with established tenants occupying key roles within the property.
The asset is presented as a grocery-anchored neighborhood center featuring a stable combination of grocery, value retail, and fitness-oriented tenancy.
Located at 3900 Erie Street in Racine, Wisconsin, Shorecrest Shopping Center offers an anchored neighborhood retail configuration with established tenants occupying key roles within the property.
The asset is presented as a grocery-anchored neighborhood center featuring a stable combination of grocery, value retail, and fitness-oriented tenancy.
Key Highlights
- 91,381 SF shopping center at 3900 Erie Street in Racine, Wisconsin
- Anchored by Piggly Wiggly, Dollar Tree, and Razor Sharp Fitness
- Shopping center offers a mix of daily‑needs retail and service‑oriented tenancy
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
183
Businesses Nearby
30k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 54%
Groceries 46%
Piggly Wiggly
Groceries
14,029 visits/mo
0.1 miles
Dollar Tree
Shops & Services
12,938 visits/mo
0.1 miles
Citgo
Shops & Services
2,210 visits/mo
0.2 miles
North Shore Bank
Shops & Services
1,080 visits/mo
0.4 miles
Demographics for 53402, WI
33,621
Population
15,660
Households
2.1
Avg Household Size
41
Median Age
33%
College-Educated
92%
High-School Grad
20.0 sq mi
ZIP Area
1,681
Density / Sq Mi
$74,125
Median Household Income
$47,838
Median Earnings
$1,049
Median Rent
$224,200
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Shopping center anchored by Piggly Wiggly, Dollar Tree, and Razor Sharp Fitness in Racine, Wisconsin.
Where is this shopping center located?
The property is located at 3900 Erie Street Racine, WI.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 91,381 SF shopping center at 3900 Erie Street in Racine, Wisconsin; Anchored by Piggly Wiggly, Dollar Tree, and Razor Sharp Fitness; Shopping center offers a mix of daily‑needs retail and service‑oriented tenancy
