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12864728
12864730

5542 Washington Avenue, Racine, WI 53406 For Lease

AE
OH FLBO
Phillips Edison & Company
Phillips Edison & Company
Listed by Phillips Edison & Company
Undisclosed Rate
86 days on market
Updated 25 days ago

Village Center Outparcel

Building Details
Property Type Retail, Land (+1)
Sub Type Commercial
Tenancy Single
Lease Type NNN

Spaces

3479838

Build-to-Suit | Ground Lease

Building description

Build‑to‑Suit or Ground Lease opportunity at Village Center, a grocery‑anchored shopping center located at the high‑traffic intersection of Washington Avenue and Green Bay Road in Racine, Wisconsin. The outparcel is positioned at the front of the center, offering strong visibility, convenient access, and exposure to significant daily commuter traffic along one of the market’s primary retail corridors.

The site benefits from immediate adjacency to Festival Foods, a leading regional grocer, and a strong mix of national retailers that drive consistent daily traffic and cross‑shopping. The surrounding trade area features established residential density, continued population growth, and attractive household incomes that support sustained demand for QSR, fast‑casual dining, coffee, wellness, medical retail, and specialty service concepts.

Flexible build‑to‑suit or ground lease structures allow future users to customize building configuration, branding, and access. The pad’s frontage, signalized access, and placement within a proven grocery‑anchored retail node provide long‑term visibility and convenience for both destination and impulse users.

Building highlights

  • Build‑to‑Suit or Ground Lease pad opportunity
  • Grocery‑anchored adjacency (Festival Foods) generating strong daily foot traffic
  • National tenant synergy including Kohl’s, Ulta, Five Below, and Bath & Body Works
  • High‑traffic intersection at Washington Avenue & Green Bay Road with substantial VPD
  • Prominent access and visibility at the front of the shopping center
  • Flexible pad layout accommodating a variety of building footprints
  • Drive‑thru or freestanding potential (subject to approvals)
  • Dense surrounding residential base supporting convenience and service uses
  • Favorable population and household income profile within the trade area
  • Proven demand for QSR, food & beverage, wellness, and specialty retail uses
  • Infill pad site within a well‑established, grocery‑anchored retail corridor

Listing Contacts

AE
OH FLBO
Phillips Edison & Company
Phillips Edison & Company
Listed by Phillips Edison & Company

Property History

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