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Outparcel Ground Lease Opportunity
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5542 Washington Avenue, Racine, WI 53406

Outparcel at a grocery-anchored shopping center, adjacent to Festival Foods, with signalized access at a high-traffic intersection.

Space Size4,400 SF
Days on Market134

Property Features for 5542 Washington Avenue

General Information

Standard status Active
Size 4,400 SF
Property subtype Retail, Land, Restaurant

Building Details

Building Size 4,400 SF
Tenancy Single

Spaces For Lease

at 5542 Washington Avenue Contact us

DEV1

Size
4,400 SF
Type
Land, Restaurant, Retail
Lease Type
NNN
Availability
Active
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Listing Agency: Phillips Edison & Company
Listed By: Anthony Edwards · License #FLBO
Source: Crexi
Added: Apr 24 Changed: Aug 14 Last Checked: Sep 3 at 5:00AM

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 Phillips Edison & Company

Investment Insights

Based on property information with market context.

This commercial land outparcel offers build-to-suit or ground lease flexibility at Village Center, a grocery-anchored shopping center. The parcel is positioned at the front of the center, designed to support strong visibility and convenient access for both destination and impulse traffic. Flexible structure options allow a future user to customize building configuration, branding, and access.

The site is located at the high-traffic intersection of Washington Avenue and Green Bay Road in Racine, Wisconsin. It also benefits from immediate adjacency to Festival Foods, along with a surrounding mix of national retailers within the retail node.

Key Highlights

  • Outparcel at a grocery‑anchored shopping center in Racine, WI, adjacent to Festival Foods.
  • Located at the high‑traffic intersection of Washington Avenue and Green Bay Road.
  • Signalized access provides convenient ingress/egress to the outparcel.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Restaurant Law Firm Auto Parts Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

741
Businesses Nearby

Demographics for 53406, WI

27,078
Population
11,634
Households
2.3
Avg Household Size
45
Median Age
32%
College-Educated
93%
High-School Grad
16.4 sq mi
ZIP Area
1,651
Density / Sq Mi
$78,427
Median Household Income
$46,745
Median Earnings
$990
Median Rent
$262,000
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Outparcel at a grocery-anchored shopping center, adjacent to Festival Foods, with signalized access at a high-traffic intersection.
Where is this commercial land located?
The property is located at 5542 Washington Avenue Racine, WI.
What are key features of this property?
This property features: Outparcel at a grocery‑anchored shopping center in Racine, WI, adjacent to Festival Foods.; Located at the high‑traffic intersection of Washington Avenue and Green Bay Road.; Signalized access provides convenient ingress/egress to the outparcel.
More about this property
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