Shopko

5300 52nd Street, Kenosha, WI
$8,462,523 · 7.65% CAP · 14 Yr. Lease · Single Tenant Net Lease
Available

Location

5300 52nd Street, Kenosha, WI

The subject property is a 97,961 square foot Shopko located in Kenosha, Wisconsin. The property features excellent exposure being located off of State Highway 31, the main suburban route passing Racine and Kenosha. The site sits directly across from Roundy’s Supermarket and Big Shu Advantage.

The tenant is subject to a long term absolute net lease with over 14 years remaining on the initial term. There are zero landlord obligations.

PRICE: $8,462,523
CAP RATE: 7.65%
NET OPERATING INCOME: $647,383
SQUARE-FOOTAGE: 97,961
YEAR BUILT: 1980

Kenosha is a city in and the county seat of Kenosha County, Wisconsin. Kenosha is on the southwestern shore of Lake Michigan. With an estimated population of 99,889 as of July 1, 2013, it is the fourth-largest city in Wisconsin and the fourth-largest city on Lake Michigan. The city is part of the United States Census Bureau’s Chicago Combined Statistical Area (CSA).

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Presented By

Jacob Abusharkh

Managing Director

415.269.2474
925.406.0813
BRE# 01385529

Jacob Abusharkh is the Managing Director and co-founder of The Kase Group (TKG). Jacob helped in the founding of TKG in 2006. TKG specializes in the sale of single and multi-tenant net leased retail and industrial assets across the country...

Jeff Gates

Senior Investment Advisor

415.231.5231
925.406.0813
BRE# 01768554

Jeff Gates is a Senior Advisor at The Kase Group. Since joining the team in 2015, his focus has been on developing new business and closing deals. He was the Top Producer in the company in 2015. Most recently, he..

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