Property summary
This exceptional value-add opportunity presents a 51,072 square foot retail center in Kenosha, Wisconsin, anchored by Ollie's Bargain Outlet and Huntington Bank. The property boasts a strong tenant mix, including Family Dollar and Cost Cutters, with 10 tenants in total operating primarily on net leases. A new 10-year lease with Ollie's commenced in May 2024, further solidifying the center's long-term stability. Ollie's also benefits from a 20-year roof warranty beginning in Fall 2021. The… property features two one-story buildings on a 4.31-acre lot with 154 parking spaces and excellent visibility at a signalized hard-corner intersection. With 92% occupancy, the property currently generates a NOI of $366,935, and a pro-forma NOI of $426,252, representing an 8.00% cap rate and a pro-forma cap rate of 9.29%. Four tenants have rental increases built into their leases. The property's strategic location in a densely populated area, with over 117,472 residents within five miles, and proximity to schools, major corporations, hospitals, and other retailers, ensures consistent demand and strong future growth potential. The asking price is $4,586,000. Built in 1977, this property offers a compelling investment opportunity with significant upside potential. The property is located at 8042 22nd Ave, Kenosha, WI 53143.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
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The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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