Asking Price
Sq. Footage 4,500
NOI Net Operating Income
Cap Rate 6.50%

Attributes

Year Built 2019
Lot Size 0.81 ACRES

Property Description

JLL is pleased to offer for sale the fee-simple interest in a new-construction Giordano’s located in Kenosha, Wisconsin. The subject Asset represents Giordano’s first Wisconsin location in a period of substantial expansion for the company. Sitting as an outparcel to Southport Plaza, the tenant is centrally positioned in a dynamic corridor with retailers such as Lowe’s, McDonald’s, Taco Bell, Kohl’s, Meijer, and more all operating within the Property’s immediate proximity. The Asset will feature a new 10-year lease commencing upon delivery in December 2019 with regular increases and limited landlord responsibilities. 

Investment Highlights

  • Brand New Construction With Long Term Lease In Place
  • Visible Green Bay Road Outparcel To Southport Plaza
  • Healthy Surrounding Retail & Rapidly Growing Industrial Market
  • Iconic Regional Brand With Roots In Nearby Chicago
Alex Sharrin
Alex Sharrin
SVP, Capital Markets
Licensed in
IL - 475.170243
Larry Kilduff
Larry Kilduff
Senior Vice President - Chicago/Midwest Market Lead
Licensed in
WI - 43707-90

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