6906 Green Bay Rd - Bank FOR SALE


Kenosha, WI 53142
$2,600,000 USD
6906 Green Bay Rd, Kenosha, WI for Sale
$2,600,000 USD
Bank - FOR SALE
1/10
null | 6.75% Cap Rate

6906 Green Bay Rd
Kenosha, WI 53142


HIGHLIGHTS

  • + NEW 10-YEAR CORPORATE LEASES
  • + INVESTMENT GRADE TENANT: Starbucks
  • + SOUTHPORT PLAZA OUTLOT: The Site is located within the Southport Plaza, a 371,361-square-foot community center
  • + UNMATCHED VISIBILITY: The Site is ideally situated with 240 feet of visibility from Green Bay Road with 65,8000 VPD
  • + DENSE, AFFLUENT CUSTOMER BASE

OVERVIEW

CBRE’s Net Lease Property Group is pleased to extend the opportunity to acquire 6906 Green Bay Road in Kenosha, Wisconsin. 6906 Green Bay Road is a 4,242 SF, two-tenant retail outparcel positioned at a high-visibility node in Kenosha. The building is leased to Starbucks (with drive-thru) and CD One Price Cleaners, both under new 10-year leases that feature built-in escalations and no termination rights. The Property is strategically located within Southport Plaza, a 371,361-square-foot grocery-anchored community center. The Center attracts shoppers from a large region due to its heavy concentration of national box retailers, including Fresh Thyme, Kohl’s, Petco, Hobby Lobby, and Harbor Freight Tools. Many of its tenants operate their only store in the Kenosha market at this location, ensuring strong synergistic foot traffic, brand pull, and trade area stability. Situated along Green Bay Road, a high-traffic corridor with over 30,000 vehicles per day, the Property offers excellent visibility and accessibility, just north of 75th Street (35,000 VPD). The Center benefits from a robust trade area, with a daytime population of 117,649 and an average household income of $98,488 within a five-mile radius, alongside a residential population of 120,373.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$613 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Southport Plaza Outlot | Starbucks & Cleaners

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

B-1

APN/PARCEL ID

03-122-03-324-008

ASK ABOUT THIS PROPERTY

Michael KaiderCBRE, Inc.More Info

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Michael KaiderCBRE, Inc.More Info

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