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Trolley Square, LLC 5611 6th Ave 1,935 - 11,610 SF of Space Available in Kenosha, WI 53140
HIGHLIGHTS
- Vintage 1880's White terra-cotta front facade
- Historic Streetcar stops in front with transport thru downtown and to Metra train station with service to Chicago
- Potential Drive thru on south alley
- Views of lake, lighthouse, boat harbor and Streetcar outdoor Patio
- Opportunity zone - tax free capital gains
- New Public Parking lot directly adjacent to property to east.
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 1,935-3,870 SF | 12’ | Negotiable | $19.50 /SF/YR $1.63 /SF/MO $75,465 /YR $6,289 /MO | Modified Gross | |
| 2nd Floor | 3,870 SF | 12’ | 3 Years | $15.00 /SF/YR $1.25 /SF/MO $58,050 /YR $4,838 /MO | Modified Gross | |
| 3rd Floor | 3,870 SF | - | 3 Years | $15.00 /SF/YR $1.25 /SF/MO $58,050 /YR $4,838 /MO | Modified Gross |
1st Floor
Wonderful central downtown commercial space! Public parking lot directly adjoining the space. Views of Streetcar, 20 ft from building, and Harbor. New storefront glass, entrance door, and sliceable window panels that can be opened to provide great open air to sidewalk!
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Anchor Space
- Private Restrooms
- Security System
- High Ceilings
- Exposed Ceiling
- Finished Ceilings: 12’
- Hardwood Floors
- Drive Thru
- Main intersection, public parking, pot drive thru
2nd Floor
Existing office space, former law firm.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Law Office
- Fits 10 - 31 People
- Conference Rooms
- Finished Ceilings: 12’
- Can be combined with additional space(s) for up to 7,740 SF of adjacent space
- Private Restrooms
3rd Floor
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Law Office
- Fits 10 - 31 People
- Can be combined with additional space(s) for up to 7,740 SF of adjacent space
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 TROLLEY SQUARE, LLC
- Wine Knot Restaurant
PROPERTY FACTS
| Total Space Available | 11,610 SF | Property Subtype | Restaurant |
| Min. Divisible | 1,935 SF | Gross Leasable Area | 11,610 SF |
| Max. Contiguous | 7,740 SF | Year Built/Renovated | 1880/2004 |
| Property Type | Retail | Parking Ratio | 1.55/1,000 SF |
| Total Space Available | 11,610 SF |
| Min. Divisible | 1,935 SF |
| Max. Contiguous | 7,740 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 11,610 SF |
| Year Built/Renovated | 1880/2004 |
| Parking Ratio | 1.55/1,000 SF |
ABOUT THE PROPERTY
Located on "The X" intersection of the two main streets in Lakefront Downtown Kenosha! Wonderful 3 story white Terra cotta facade vintage 1880"s building on corner lot, with attached outdoor patio. Also drive thru alley access on south side. The new Public parking lot is directly adjoining the property to the east. The 1st level was gutted & renovated, into two distinct storefront spaces. The restaurant has been a long term tenant, over 17 years, and has wonderful outdoor eating area attached with vies of Historic streetcar. Each commercial space has hardwood oak floors, high ceilings, ADA bathrooms, HVAC, etc. Lots of light, and open area. Each space has own dedicated lower level for storage. South space has ability for a drive up window access in alleyway entrance to parking lot. The 2nd floor currently has four (4) offices, reception area, bathroom, and large conference room with Kitchenette. Upper floors could also be converted into residential apartments, two two bedrooms tow baths per floor. (a 2 bedroom/ 2 bath apartment typical lease for $1,550/month in Downtown) Both 2nd & 3rd floor have views of lake, lighthouse, & boat harbor, streetcar, etc. The property qualifies for the 25% Wisconsin state historical tax credit. This property is located in the newly created economic Opportunity zone included within the new Federal tax law!! 100% tax free capital gains rollover if invested for 10 years!
- Restaurant
- Waterfront
- Drive Thru
NEARBY MAJOR RETAILERS
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Trolley Square, LLC | 5611 6th Ave
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