5320 Washington Ave Mount Pleasant, WI 53406-4229
This exceptional 4,296-square-foot retail building, situated on a 0.55-acre lot in Mount Pleasant, Wisconsin, presents a rare automotive-focused investment opportunity. Located on Washington Avenue, this single-story building boasts a prime location on Highway 20, experiencing high daily traffic volume of 62,300 vehicles. The property features ample parking with 14 spaces, making it convenient for customers and employees. The building is entirely vacant, offering immediate occupancy for a new tenant. The lease structure is a triple net (NNN) lease, meaning the tenant is responsible for property taxes, insurance, and common area maintenance, including landscaping and snow removal. This allows for predictable and manageable operating expenses for the tenant. The property also offers excellent visibility and signage opportunities, including monument and building signage, ensuring high brand recognition. The building's automotive-specific zoning makes it ideal for a variety of automotive-related businesses. This is a unique chance to acquire a well-located, versatile retail space in a high-traffic area of Racine County, Wisconsin, with zip code 53406. The property is easily accessible from Highway 20, providing excellent exposure to a large customer base. This turnkey property is ready for immediate occupancy and offers significant potential for growth and return on investment.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.