Shopping Neighborhood
Starbucks | O&H Danish Bakery | New 2021 Construction | Investment Grade Credit (S&P: BBB+)
4917 Douglas Ave, Racine, WI 53402
Listing Price: $2,586,000
Cap Rate
6.50%
Gross SF
5,108
Rentable SF
5,108
Price/Gross SF
$506.26
Lot Size
1.10 acres
Year Built
2021
Investment Overview
Marcus & Millichap is pleased to present a Starbucks & O&H Danish Baker located in Racine, WI (Milwaukee MSA).
Investment Highlights
- Institutional-Quality Tenant Lineup
- New Construction Asset with Minimal Capital Requirements
- Below-Market Rental Profile Creates Long-Term Upside
- Strategic Racine Location Outside Milwaukee's Core Urban Market
Exclusively Listed By
Broker of Record
-
Todd Lindblom
Senior Managing Director, Market Leader- Milwaukee/Minneapolis
Financing By
Shopping Neighborhood
Starbucks | O&H Danish Bakery | New 2021 Construction | Investment Grade Credit (S&P: BBB+)
Listing Price: $2,586,000
Cap Rate
6.50%
Gross SF
5,108
Rentable SF
5,108
Price/Gross SF
$506.26
Lot Size
1.10 acres
Year Built
2021
Investment Highlights
- Institutional-Quality Tenant Lineup
- New Construction Asset with Minimal Capital Requirements
- Below-Market Rental Profile Creates Long-Term Upside
- Strategic Racine Location Outside Milwaukee's Core Urban Market
Investment Overview
Marcus & Millichap is pleased to present a Starbucks & O&H Danish Baker located in Racine, WI (Milwaukee MSA).
Exclusively Listed By
Broker of Record
-
Todd Lindblom
Senior Managing Director, Market Leader- Milwaukee/Minneapolis
Financing By