Property profile

5540 Washington Ave Racine, WI 53406

OFF-MARKET
Retail properties & Spaces
240,847 SF
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Property summary

AI-generated overview

Village Center, located at 5540 Washington Avenue in Racine, Wisconsin, presents a prime retail opportunity. This multi-tenant property boasts a total of 240,847 square feet and currently has 4,626 square feet of vacant retail space available for lease. Ideal for restaurant use, the available spaces offer flexibility with a minimum divisible size of 1,501 square feet and a maximum contiguous space of 3,125 square feet. The property is situated in Racine County, Wisconsin, with convenient access via Washington Avenue and a zip code of 53406. This location offers excellent visibility and potential for high foot traffic, making it an attractive option for businesses seeking a strong presence in the Racine market. The property is classified as retail and specifically suited for restaurant operations. Interested parties are encouraged to inquire about lease terms and availability for these versatile and well-positioned spaces within the Village Center complex. The property's size and location provide a significant opportunity for growth and success. This is a rare chance to secure a space in a well-established retail center in a thriving Wisconsin community. Contact us today to learn more about this exceptional leasing opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Total area 240,847 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Shopping Center & Mall

Location

5540 Washington Ave Racine, WI 53406
Racine metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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