Legacy Realty Group Advisors Facilitates $27.6M Sale Of Plaza 50 Shopping Center
5910 75th St
$27,600,000
$138/SF
Building Size
199,217 SF
Asset Type
Retail
Closing
Apr 23, 2024
AI
The $27.6 million sale of Plaza 50, a 199,217-square-foot shopping center located at 5910 75th St in Kenosha, WI, has been successfully facilitated by Legacy Realty Group Advisors LLC. The property includes popular tenants like Burlington, Marshalls, Ross Dress for Less, and Pick ‘n Save.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $27,600,000
- Market: Kenosha, WI
- Square Footage: 199,217
- Price per Square Foot: $139
- Brokers: Daniel Baruch, Jacob Baruch & Jonah Warshaw - Legacy Realty Group Advisors
The sale of Plaza 50 in Kenosha not only marks a significant transaction in the retail market but is also a testament to the expertise and professionalism of the brokers involved in the deal. Daniel Baruch, Jacob Baruch, and Jonah Warshaw from Legacy Realty Group Advisors played a crucial role in ensuring a smooth and successful transaction for all parties involved.
Players
Kenosha Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.57%
Cash-on-Cash
-0.16%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93