Kenosha, WI 53142

Cinemark

Property Address

7101 70th Court, Kenosha, WI, USA

Offering Summary

  • Price: $7,646,000
  • Lot Size: 11.66 Acres
  • Cap Rate: 8.25%
  • Year Built: 1997
  • Building SF: 50,464
  • Status: Available
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  • 7 Years Remaining on Absolute Triple-Net (NNN) Lease with Cinemark Holdings, Inc.
  • 20% Rent Increase Occurring on May 1, 2022
  • 119,657 Residents within a 5-Mile Radius - Growing Kenosha Trade Area
  • Over 68,000 Cars/Day at the Nearby Intersection of 75th Street and Green Bay Road
  • Situated in Major Retail Corridor - Menards, Hobby Lobby, Lowes, Meijer, ALDI, Petco, Dollar Tree, Bed Bath & Beyond, and More
  • Subject Property Features a Total of 14 Screens and 825 Parking Spaces
  • Average Household Income Exceeds $89,000 in Immediate Area
  • Strong Daytime Population - 115,570 Employees in Surrounding Area
  • 3 Miles Off Interstate 94/41 - a Major Connector with Direct Access to Milwaukee to the North and Chicago to the South

Broker Information