Office Unit in Shared
For Sale
Contact for pricing
7520 39th Ave, Kenosha, WI 53142
Compact office unit with access to shared workplace areas and convenient routes toward downtown and the interstate.
Property Size72 SF
Price / SF$6.94
Days on Market52
Property Features for 7520 39th Ave
General Information
Standard status
Active
Size
72 SF
Building Details
Year Built
1977
Listing Agency:
Epique Realty Germantown
Listed By:
Michael Lolio
(480) 580-0141
Source:
Jwregwi
Added: Sep 9
Changed: Oct 25
Last Checked: Oct 7 at 2:17PM
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 Epique Realty Germantown
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Investment Insights
Based on property information with market context.
This office unit provides approximately 72 square feet within a common office setting, along with access to the larger office and shared areas. The property was built in 1977.
Located at 7520 39th Ave in Kenosha, the office offers access to 75th Street and connections toward downtown Kenosha, the interstate, and the Illinois border. Its shared-office configuration provides a straightforward setting for an individual business operation requiring a dedicated office and use of common workplace areas.
Located at 7520 39th Ave in Kenosha, the office offers access to 75th Street and connections toward downtown Kenosha, the interstate, and the Illinois border. Its shared-office configuration provides a straightforward setting for an individual business operation requiring a dedicated office and use of common workplace areas.
Key Highlights
- Approximately 72‑square‑foot office unit
- Access to the larger office and common areas
- Common office‑space configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$906
Suggested Prices Based on Cap Rates
Cap Rate 5%
$18,120
$18.1K
Cap Rate 7%
$12,943
$12.9K
Cap Rate 9%
$10,067
$10.1K
Market Conditions
NOI Build-Up for 72 SF
Gross rent
$1.5K $21.00/SF
− Vacancy
−$304 −$4.22/SF
EGI
$1.2K $16.78/SF
− OpEx
−$302 −$4.19/SF
NOI
$906 $12.58/SF
Area
Kenosha County, WI
Vacancy
20.10%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$18,120
Cap Rate 7%
$12,943
Cap Rate 9%
$10,067
Alternative Uses
Best Use
Office B
$12.9K
$11.3K – $15.1K
NOI $906 @ 7.0% cap · market cap 181.20%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$83.8K
$73.4K – $97.8K
NOI $5,868 @ 7.0% cap · market cap 1,173.60%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
737
Businesses Nearby
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Business Placement
Demographics for 53142, WI
33,146
Population
13,787
Households
2.4
Avg Household Size
39
Median Age
36%
College-Educated
92%
High-School Grad
20.7 sq mi
ZIP Area
1,601
Density / Sq Mi
$86,891
Median Household Income
$49,161
Median Earnings
$1,319
Median Rent
$254,300
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Compact office unit with access to shared workplace areas and convenient routes toward downtown and the interstate.
Where is this office unit located?
The property is located at 7520 39th Ave Kenosha, WI.
What are key features of this property?
This property features: Approximately 72‑square‑foot office unit; Access to the larger office and common areas; Common office‑space configuration
