Giordano's - Kenosha
7060 Green Bay Rd Kenosha , WI 53142

Giordano's - Kenosha - retail for sale

Download offering memorandum:

Overview



JLL is pleased to offer for sale the fee-simple interest in a new-construction Giordano’s located in Kenosha, Wisconsin. The subject Asset represents Giordano’s first Wisconsin location in a period of substantial expansion for the company. Sitting as an outparcel to Southport Plaza, the tenant is centrally positioned in a dynamic corridor with retailers such as Lowe’s, McDonald’s, Taco Bell, Kohl’s, Meijer, and more all operating within the Property’s immediate proximity. The Asset will feature a new 10-year lease commencing upon delivery in December 2019 with regular increases and limited landlord responsibilities. 

Investment highlights


  • Brand New Construction With Long Term Lease In Place
  • Visible Green Bay Road Outparcel To Southport Plaza
  • Healthy Surrounding Retail & Rapidly Growing Industrial Market
  • Iconic Regional Brand With Roots In Nearby Chicago
General
Property type Retail
Tenure type Sale/Purchase
Property address 7060 Green Bay Rd, Kenosha, WI 53142-1435
Land in acres 0.81
Building size 4,500  ft2
Year built 2019
Financial
Price $2,560,000
Cap rate 6.50%
Current NOI $166,500.00
Lease

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