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2324 18th St
Kenosha, WI 53140
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Fully stabilized building with an in-place NOI of approximately $102,555
  • Four (4) of the five (5) tenants have term through at least October 2024
  • All five (5) tenants are on NNN leases with at least one option
  • Additional upside to rental income and cash flow after 2024 due to below market rents

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
8,565 SF
Building Class
B
Year Built
2004
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.24
Lot Size
0.81 AC
Zoning
B-2 - Business District
Parking
38 Spaces (4.44 Spaces per 1,000 SF Leased)
Frontage
149’ on 18th St

AMENITIES

  • Pylon Sign
  • Signage
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-222-13-476-022
Land Assessment
$158,000
Improvements Assessment
$701,400
Total Assessment
$859,400
  • Listing ID: 25666384

  • Date on Market: 5/9/2022

  • Last Updated:

  • Address: 2324 18th St, Kenosha, WI 53140

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