Your email has been sent.
Village Center 5500 Washington Ave 2,168 - 5,293 SF of Retail Space Available in Racine, WI 53406
Highlights
- Anchored by Festival Foods, the number two grocer in the Racine area
- Additional tenants include Starbucks, Chipotle, Kohl's, Ulta, Five Below, and Bath & Body Works
- More than 2.7 million visits to the center in the past 12 months according to Placer.ai data.
- The center is located at the intersection of Washington Avenue and Green Bay Road, which benefits from more than 60,200 vehicles per day
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 15 | 3,125 SF | 1-10 Years | $26.00 /SF/YR $2.17 /SF/MO $81,250 /YR $6,771 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 5 | 2,168 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $54,200 /YR $4,517 /MO | Triple Net (NNN) |
5630 Washington Ave - 1st Floor - Ste 15
Retail space available.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Anchored by Kohl's.
5630 Washington Ave - 1st Floor - Ste 5
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Village Center
- Tenant
- Description
- US Locations
- Reach
- Cost Cutters
- Salon/Barber/Spa
- 814
- National
- Five Below
- Dollar/Variety/Thrift
- 2,348
- National
- Hallmark
- -
- -
- -
- Racine Nail
- Salon/Barber/Spa
- 1
- -
- Sally Beauty Supply
- Health & Beauty Aids
- 2,456
- International
- Verlo Mattress Factory Stores
- Furniture/Mattress
- 35
- National
| Tenant | Description | US Locations | Reach |
| Cost Cutters | Salon/Barber/Spa | 814 | National |
| Five Below | Dollar/Variety/Thrift | 2,348 | National |
| Hallmark | - | - | - |
| Racine Nail | Salon/Barber/Spa | 1 | - |
| Sally Beauty Supply | Health & Beauty Aids | 2,456 | International |
| Verlo Mattress Factory Stores | Furniture/Mattress | 35 | National |
Property Facts
About the Property
Village Center is a high-performing grocery-anchored shopping center located at the signalized intersection of Washington Avenue and Green Bay Road in Racine, Wisconsin. Anchored by Festival Foods, the #2 grocer in the Racine market, the center features a best-in-class mix of national tenants including Kohl's, Ulta, Five Below, Bath & Body Works, Starbucks, and Chipotle, driving strong daily traffic and repeat visitation. Available in-line space is well suited for service-oriented users such as fitness, medical, pet, or specialty retail. The property benefits from exceptional visibility at an intersection generating 60,200+ vehicles per day, over 2.7 million annual visits (Placer.ai), and a dense trade area with 82,100+ residents within three miles.
- Pylon Sign
Nearby Major Retailers
Presented by
Village Center | 5500 Washington Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.