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Racine, WI NNN Properties for Sale

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Updated NNN Property
Updated: Aug 4
Updated NNN Property

1409 Washington Ave, Racine, WI 53403

$635,000
7,385 sqft
7,385‑square‑foot NNN property at 1409 Washington Ave, Racine, WI
Fully occupied with a 15 yr NN lease
Base rent increases scheduled throughout the lease term
New vinyl plank flooring installed throughout the building
Fresh interior paint and remodeled rooms
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See hot listings in Racine

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Racine, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Single-Tenant Pediatric Clinic
Single-Tenant Pediatric Clinic

2561 N 29th St, Milwaukee, WI 53210

$2,864,357
7,583 sqft

Purpose-built 7,583-square-foot outpatient clinic built in 2010, secured by an absolute NNN lease with long remaining term.

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Freestanding Pizza Restaurant
Freestanding Pizza Restaurant

3131 South Kinnickinnic Avenue, Milwaukee, WI 53207

Contact for pricing
1,710 sqft

Absolute NNN lease structure places landlord responsibilities with the tenant under a newly executed long-term lease.

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West Allis Walgreens For Sale
West Allis Walgreens For Sale

6101 W Greenfield Ave, West Allis, WI 53214

Contact for pricing
14,487 sqft

Net leased Walgreens in Milwaukee MSA with long-term lease.

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Corporate-Backed Car Wash
Corporate-Backed Car Wash

10901 W Lapham St, West Allis, WI 53214

Contact for pricing
3,500 sqft

Special-purpose automotive property designated for car wash operations in West Allis, Wisconsin.

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Racine, WI Nnn Properties Market Trends and Statistics

Explore 1 nnn properties for sale in Racine, WI on our real estate platform. These investment opportunities span a total of 7,385 square feet of properties for sale, with an estimated market value of $635,000.

Sale prices for triple net lease properties in Racine, WI average $635,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 128K
Population Growth (5Y) -0.5%
Median Household Income $67,844
College Educated 20.7%

High-Yield Neighborhoods for Investment

Identify Racine submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
53403 $635K

Taxes & Financing

Tax Rate (average for all types) 2.25%
Property Tax per SF $24.95 per SF
Tax Rate vs County Average 0.46 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Racine County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Racine fall within the 100,000+ square foot range.

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