2209-2215 80th St - Freestanding FOR SALE


Kenosha, WI 53143- Sunnyside South
$4,970,000 USD
630-570-2260
2209-2215 80th St, Kenosha, WI for Sale
$4,970,000 USD
Freestanding - FOR SALE
1/11
null | 8.5% Cap Rate

2209-2215 80th St
Kenosha, WI 53143
Sunnyside South


HIGHLIGHTS

  • Ollie’s Bargain Outlet and Family Dollar anchored center | Shadow-anchored by CVS
  • Family Dollar recently exercised a 5-year extension, adding to its 25-year history at the site
  • New 10-year Ollie’s lease commenced May 2024 | 20-year roof warranty for Ollie’s began fall of 2021
  • Long operating tenants: Family Dollar has been operating at this location since 1999, Cost Cutters since 1985, & Huntington Bank since 2010
  • Significantly below replacement cost at $95.30 per square foot
  • High performing Huntington Bank location | Bank features a drive-thru adding value and flexibility

OVERVIEW

This Ollie’s Bargain Outlet and Family Dollar–anchored center is shadow-anchored by CVS and features a strong mix of national and long-standing tenants, with most operating on net leases with scheduled rental increases. Family Dollar extended its 25-year history at the site by an additional 5 years, while Ollie’s commenced a 10-year lease in May 2024; two additional leases were executed in 2025. The property benefits from high visibility at the signalized hard-corner intersection of 80th Street and 22nd Avenue, with nearly 900 feet of frontage and eight points of ingress/egress. Surrounding demand drivers include schools, major corporations, a hospital, and national retailers. The area is densely populated with over 75,000 residents within three miles. Offered at $95.30 per square foot, the asset is significantly below replacement cost and positioned for long-term stability & growth.

FOR SALE DETAILS

PRICE

$4,970,000 USD

PRICE/SF

$97 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ollie's & Family Dollar Anchored Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

154

LAND DETAILS

LAND ACRES

4.31 AC

LAND SF

187,744 SF

ZONING

B-2

APN/PARCEL ID

04-122-12-401-006

ASK ABOUT THIS PROPERTY

Sean SharkoSharko | Weisenbeck | Mendoza GroupMore Info
630-570-2260

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Sean SharkoSharko | Weisenbeck | Mendoza GroupMore Info
630-570-2260

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.