Kmart Building for Sale or Lease

5141 Douglas Avenue, Caledonia, WI 53402

  • For Sale $4,000,000
  • Property Type Retail - Community Center
  • Property Size 86,479 SF
  • Lot Size 10.2 Acre
  • Parking Ratio 4.70 / 1,000 SF
  • Property Tenancy Single Tenant
  • Year Built 1990
  • Date Updated Mar 31, 2024
Highway 32 & 4 Mile RoadOpportunity to co-anchor Green Tree Centre with the only Pick 'n Save in Caledonia! Located on Highway 32 and 4 Mile Road, approximately 2 miles northwest of Racine, this center has control of the northern full-access point off Highway 32 and a 4.7:1,000 sf parking ratio. Built in 1990, with a new roof added in 2012 (warranty through 8/20/27). This property is zoned for B-3 - Commercial Service District. There is a current lease in place through 5/31/21 with 9 5-year options; the owner is willing to terminate the lease if a buyer or lessee desires.Opportunity to co-anchor Green Tree Centre with the only Pick 'n Save in Caledonia! Located on Highway 32 and 4 Mile Road, approximately 2 miles northwest of Racine, this center has control of the northern full-access point off Highway 32 and a 4.7:1,000 sf parking ratio. Built in 1990, with a new roof added in 2012 (warranty through 8/20/27). This property is zoned for B-3 - Commercial Service District. There is a current lease in place through 5/31/21 with 9 5-year options; the owner is willing to terminate the lease if a buyer or lessee desires. The building can be demised.

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Attachments

Contacts

broker

Dan Rosenfeld

Mid-America

(414) 390-1402

Location

Getting Around

  • Walk Score ®

    49/100 Car-Dependent
  • Bike Score ®

    46/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Caledonia, WI
  • Neighborhood Park Meadows Estates
  • Zip Code 53402
  • Market Milwaukee

Points of Interest

  • Sturtevant

    6.88 miles

  • Speedway

    0.22 miles

  • Casey's

    0.69 miles

  • Mobil

    1.80 miles

  • Citgo

    1.89 miles

  • BP

    2.54 miles

  • Mobil

    2.57 miles

  • BP

    2.78 miles

  • Mitch and Marty's Citgo

    2.79 miles

  • Citgo

    2.98 miles

  • Citgo Gas and Food Mart

    3.31 miles

  • Shoop Public Parking Ramp

    4.09 miles

  • Lake Avenue Ramp

    4.19 miles

  • Civic Centre Public Ramp

    4.36 miles

  • McMynn Parking Ramp

    4.44 miles

  • 700 Park-Villa Lot

    4.45 miles

  • semi parking

    8.37 miles

  • Employee Parking

    8.38 miles

  • Semi Truck Parking

    8.49 miles

  • Truck Parking

    8.61 miles

  • Park & Ride

    8.72 miles

  • McDonald's

    0.05 miles

  • Cousins Subs

    0.09 miles

  • King's Wok

    0.09 miles

  • Douglas Avenue Diner

    0.10 miles

  • Papa Murphy's

    0.11 miles

  • Honey B's II

    0.48 miles

  • Oh Dennis Saloon & Charcoal House

    0.94 miles

  • Charcoal Grill

    1.35 miles

  • Bella Cibo

    1.45 miles

  • Domino's

    1.46 miles

  • Pick 'n Save

    0.14 miles

  • Pantry Foods

    1.50 miles

  • Piggly Wiggly

    1.67 miles

  • Aldi

    2.07 miles

  • Flatiron Village Mall

    3.24 miles

  • Rio Grande Foods

    3.68 miles

  • Lincoln Super Market

    3.70 miles

  • Save-A-Lot

    3.86 miles

  • Pick 'n Save

    3.93 miles

  • Piggly Wiggly

    3.97 miles

Frequently Asked Questions

What is the lease rate for Kmart Building for Sale or Lease?

Rental asking rate at Kmart Building for Sale or Lease is $2,000,000.00/YR.

What is the total square footage of Kmart Building for Sale or Lease?

Kmart Building for Sale or Lease totals 86,479 square feet.

When was this property built?

Kmart Building for Sale or Lease was built in 1990.

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Contact Listing Broker

broker

Dan Rosenfeld

Mid-America

(414) 390-1402