BMO Harris Bank

4235 52nd Street, Kenosha, WI 53144
$1,950,000
Status Sold
Price $1,950,000
Cap Rate 5.69%
NOI $110,907
Price/SF $408
Lease Type Absolute NNN
Lease Term 10 Year
Lease Start December 2015
Lease Expiration December 2025
Building Size 4,785 SF
Lot Size 26572 AC

Overview

Located in the southeastern corner of Wisconsin, Kenosha is 60 miles north of Chicago and 40 miles south of Milwaukee. With a population of nearly 100,000 residents, the city of Kenosha resides inside the Chicago combined statistical area (CSA).

The property, situated on State Route 158, consists of 4,785 square feet of improvements. The site features excellent visibility and accessibility with three points of ingress/egress, four drive-thrus, and a traffic count of 16,800 cars per day.

Within a 5-mile radius, the population and average household income are approximately 123,000 and $77,000, respectively.