Kenosha, Wisconsin, offers a diverse range of Retail Properties For Sale, making it an attractive investment opportunity for those looking to capitalize on the city's growing economy. With a population of around 100,000, Kenosha provides a unique blend of small-town charm and big-city amenities, making it an ideal location for businesses and residents alike. Retail Properties in Kenosha can represent a variety of investments, from strip centers and shopping malls to freestanding buildings and mixed-use developments. These properties offer a range of benefits, including proximity to major transportation hubs, access to a skilled workforce, and a strong consumer base. Kenosha's location on the shores of Lake Michigan, its diverse economy, and its highly regarded educational institutions, such as the University of Wisconsin-Parkside and Carthage College, make it an attractive location for businesses and residents. Additionally, the city's many amenities, including the Froedtert South Kenosha Medical Center Campus and the Washington Park Velodrome, make it an excellent place to live, work, and visit.
Kenosha's Retail Properties For Sale offer a unique opportunity to invest in a city with a strong economic foundation. With 11 Retail Properties currently available, there are many options to choose from. In addition to Retail Properties, Kenosha is also home to a range of other property types, including Shopping Centers, which offer a mix of local and national retailers; Restaurants, which serve a diverse range of cuisines; Office Properties, which provide space for businesses of all sizes; and Hotels, which cater to visitors from across the region. Each of these property types offers a unique set of benefits and opportunities, from the bustling Downtown area to the more suburban neighborhoods like Uptown and West of I-94. With its strong economy, diverse population, and many amenities, Kenosha is an excellent location for businesses and investors alike.
What is the average cap rate for retail properties in Kenosha?
When it comes to retail properties in Kenosha, investors can expect an average cap rate of 8.31%. For those new to commercial real estate investing, a cap rate, or capitalization rate, is a crucial metric that helps determine a property's potential return on investment - to learn more, check out our article on what is a cap rate.
How do location and foot traffic affect retail property values?
When it comes to retail properties for sale in Kenosha, location and foot traffic play a significant role in determining property values. Properties situated in high-traffic areas, such as Downtown Kenosha's Lake Michigan shoreline, HarborPark, or Uptown's commercial corridors, tend to command higher values due to their proximity to amenities, public transportation, and a steady stream of potential customers.
