Grocery-Anchored Shopping
For Sale
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4003 Durand Avenue, Racine, WI 53405
Established neighborhood center with a grocery anchor and a 90% occupied tenant roster.
Property Size148,000 SF
Days on Market143
Property Features for 4003 Durand Avenue
General Information
Standard status
Active
Size
148,000 SF
Property subtype
Retail
Occupancy
90%
Financials
Asking Price
$8,285,000
Cap Rate
8.15%
Additional Details
Anchor Co-Tenants
Piggly Wiggly
Building Details
Tenancy
Multi
Listing Agency:
Cooper Commercial Investment Group
(216) 562-1981
Listed By:
Dan Cooper · License #OH 009003618
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 1:49AM
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 Cooper Commercial Investment Group
Investment Insights
Based on property information with market context.
Badger Plaza is a 148,000-square-foot shopping center anchored by Piggly Wiggly and occupied at 90%. The property includes a mix of national and regional tenants, with the grocery operator maintaining a presence since the center’s original construction. Piggly Wiggly also expanded its premises in 2014 and has repeatedly renewed its lease at the center.
Located at 4003 Durand Avenue in Racine, Wisconsin, the center serves a surrounding residential community. The grocery anchor operates under the Piggly Wiggly Midwest platform, which is headquartered 84 miles away in Sheboygan, Wisconsin, and operates more than 100 locations. The offering represents the 100% fee simple interest in the property.
Located at 4003 Durand Avenue in Racine, Wisconsin, the center serves a surrounding residential community. The grocery anchor operates under the Piggly Wiggly Midwest platform, which is headquartered 84 miles away in Sheboygan, Wisconsin, and operates more than 100 locations. The offering represents the 100% fee simple interest in the property.
Key Highlights
- 148,000‑square‑foot shopping center in Racine, Wisconsin
- Piggly Wiggly grocery anchor has operated at the center since original construction
- 90% occupied with national and regional tenants
Property Analytics
Property Profile
Current Use
Lease Details
90%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
471
Businesses Nearby
69k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Groceries 34%
Dining 8%
Apparel 4%
Piggly Wiggly
Groceries
23,814 visits/mo
0.1 miles
Dollar Tree
Shops & Services
8,282 visits/mo
0.1 miles
BP
Shops & Services
7,360 visits/mo
0.1 miles
Family Dollar
Shops & Services
6,093 visits/mo
0.2 miles
Dollar General
Shops & Services
5,804 visits/mo
0.1 miles
Demographics for 53405, WI
25,561
Population
11,509
Households
2.2
Avg Household Size
39
Median Age
26%
College-Educated
90%
High-School Grad
6.6 sq mi
ZIP Area
3,873
Density / Sq Mi
$68,339
Median Household Income
$40,162
Median Earnings
$946
Median Rent
$173,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Established neighborhood center with a grocery anchor and a 90% occupied tenant roster.
Where is this shopping center located?
The property is located at 4003 Durand Avenue Racine, WI.
What are key features of this property?
This property features: 148,000‑square‑foot shopping center in Racine, Wisconsin; Piggly Wiggly grocery anchor has operated at the center since original construction; 90% occupied with national and regional tenants
