Racine, WI Strip malls for Rent & Lease

Updated: Nov 22, 2025

High-Traffic Retail Center in Racine

5201-5409 Washington Avenue, Racine, WI 53406

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12,724 sqft

High‑traffic location: Over 60,000 vehicles per day at the intersection of Highways 20 & 31.
Size: 135,827 SF retail center.
Prime trade area: Shared with national retailers.
Proximity to major retailers: Kohl's, Wal‑Mart, Big Lots, Chick‑fil‑A and VASA Fitness.
High image retail center.

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Updated: Mar 31

Strip Mall Retail Space

2005 Lathrop Ave, Racine, WI 53405

$8 SF/Yr

±3,547 SF to ±16,802 SF available
Strip mall retail property
Located at 2005 Lathrop Ave, Racine, WI 53405
On the east side of Lathrop Ave between 20th and 21st streets
Built in 1958

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Racine, WI, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 1 Properties for Sales.

Strip malls for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Kenosha Retail Outlot Opportunity

7450 Green Bay Road, Kenosha, WI 53142

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3,000 sqft

Prime retail outlot at a busy Kenosha intersection.

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Retail Space in Strip Center

7224 118th Avenue, Kenosha, WI 53142

$35 SF/Yr

Inline retail space available in high-traffic strip center.

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Retail Space at Lighted Intersection

5655-5679 S 27th Street, Milwaukee, WI 53221

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Retail space is situated on South 27th Street at Parnell Avenue.

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Retail Center on Layton Avenue

1010 West Layton Avenue, Milwaukee, WI 53221

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Retail strip center with pad site on Layton Avenue.

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Similar Spaces for Sale in Racine, WI

Consider Similar Space for Sale. We found 1 Spaces matching your search parameters.

Fully Leased Strip Mall

Racine, WI 53402

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Retail center occupied by multiple tenants in a multi-suite commercial configuration.

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Racine, WI Strip malls Lease Rates & Market Statistics

Browse 2 Strip malls for lease in Racine, WI on Realmo, a commercial real estate marketplace serving the Racine area. The current inventory totals 12,724 square feet of properties.

Asking lease rates for Strip malls in Racine start at $8 SF/Yr, average $8 SF/Yr, and reach $8 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $8 SF/Yr, the local average runs 56% below Wisconsin's state average of $18.17 SF/Yr.

Racine accounts for 100% of the 2 strip malls currently available across Racine County. Strip malls are one of the more limited space types in Racine, with just 2 listings currently available — a scarcity worth factoring into lease negotiations. Also worth a look for tenants weighing alternatives: Shopping centers (7 listings) and Storefront properties (6 listings) elsewhere in the Racine market.