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Property profile & analytics
OFF-MARKET
Neighborhood centers

5111-5141 Douglas Ave Racine, WI 53402

78,011 SF
Property ID
Property summary
AI-generated overview

Discover Greentree Centre, a thriving retail strip center in Racine, Wisconsin. This prime location boasts a total of 78,011 square feet, currently anchored by a Pick 'n Save grocery store, complemented by established tenants such as Papa Murphy's Pizza and McDonald's. A highly desirable 1,800 square foot retail space is immediately available, presenting a unique opportunity for expansion or new business establishment. The center enjoys exceptional visibility and accessibility, situated at the intersection of Douglas Avenue (16,200 vehicles per day) and 4 Mile Road (11,900 vehicles per day), ensuring high traffic volume and significant consumer exposure. This strategic location benefits from a robust demographic profile, encompassing a population exceeding 83,500 people within a five-mile radius, with an average household income surpassing $71,100. The property is located in Racine County and offers a strong foundation for sustained business growth within a well-established and successful retail environment. This is an exceptional opportunity to secure a space in a high-performing shopping center with proven tenant success and a strong local customer base. The available space is ideal for a variety of retail uses. Contact us today to learn more about this exceptional opportunity.

Property profile
Verified
Property type Neighborhood centers
Total area 78,011 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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