5111-5141 Douglas Ave, Racine, WI 53402
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.