C-Store | Kenosha, WI
Sands Investment Group is Pleased to Present For Sale the C-Store NNN Lease Property Located in Kenosha, Wisconsin. This 1,344 SF Asset Sits on 0.38 AC and is Located at 2802 52nd Street in Kenosha, WI. With 20 Years of Term Remaining and Attractive 2% Annual Rent Increases, This Opportunity Provides For a Best-In-Class Investment With Income Growth in One of Wisconsin’s Fastest Growing & Most Stable Markets.
- Attractive 20 Year Triple Net (NNN) Lease With 2% Annual Increases to Hedge Against Inflation
- 4th Largest City in Wisconsin With Over 119,584 Residents Within 5-Mile Radius
- Property is in the Path of Progress With Multiple New Residential Developments Being Built in the Surrounding Area
- Strong Corporate Guarantee Backed By a 75+ Unit Operator
- Property is Strategically Located on 52nd Street, a Direct Line From the Airport to Downtown Kenosha Which Sees Over 20,833 Vehicles Per Day
- Easy Access With Multiple Points of Entry Located On a Corner Lot
- $400 Million Revitalization in Place For Kenosha’s Downtown That Includes High-Rise Upscale Housing, a New City Hall and Municipal Campus, a Performing Arts Center and Mixed-Uses For Housing and Retail
- Redevelopment Plan Directly Across From Store on 52nd Street For a $20 Million Innovation Center Intended to Provide Opportunities For Education, Workforce Training, Entrepreneurial Development and Job Placement in High-Growth Digital Stem Fields
- Kenosha is Located Between the Two Major Cities of Chicago and Milwaukee on Lake Michigan
- Nearby Tenants Include: Kenosha Regional Airport, Walgreens, McDonald’s, Wendy’s, Washington Park Municipal Golf Course, Taco Bell, Napa Auto Parts and More
In Cooperation With ParaSell, Inc., A Licensed Wisconsin Broker Lic. #938545-91 BoR: Scott Reid – Lic. #58772-90
View Similar Investment Opportunities
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities