Plaza 50

Address: 5710 75th St, Kenosha, WI

Property Size: 201,220 SF

Anchors: Pick'n Save, Burlington, ROSS, Marshalls, Arbys, Athletico & Jersey Mikes

Occupancy: 100%

Year Built: 1980

Weighted Average Lease Term: 5.7 Years

​​​​​​​Weighted Average Tenure: 14 Years

​​​​​​​HIGH PERFORMING GROCER ANCHOR WITH RECENT EXTENSION

• Pick N Save (Kroger) recently extended lease through 2031
• 38% of In-Place Income
• Sales Increase of 30% since 2019
• 18 Year Operating History

OUTLOT BIFURCATION OPPORTUNITY:

• 6 separate tax parcels allow for Flexible Exit Strategies
• Pick N Save and Arby’s (Ground Lease) are separately parceled

DURABLE INCOME FROM NATIONAL CREDIT TENANCY

• 77% of Income National Tenancy
• 54% Investment Grade Tenancy
• Anchors: Pick N Save, Burlington, Ross, Marshalls & Arby’s
• Comprise 70% of In-Place Income
• 14 Years of Weighted Average Tenure at Plaza 50
• 5.7 WALT
• Ideal 67% / 33% Anchor-to-Shop Space Distribution

OFFERED FREE & CLEAR TO THE MARKET FOR FIRST TIME