JLL Capital Markets has closed the $2.38 million sale of a 4,500-square-foot single-tenant retail building triple-net-leased to a new Giordano’s restaurant in Kenosha, Wisconsin.
JLL marketed the property on behalf of the seller, Speedwagon Properties, and found the buyer, a private family in Chicago.
Giordano’s pizza restaurant first opened in Chicago in 1974. It currently operates 70 locations across 10 states. This new property will mark Giordano’s first entry into Wisconsin.
Sitting on .81 acres at 7060 Green Bay Road in Kenosha, the building is near where Green Bay Road intersects with 75th Street. The building was completed in late 2019.
The JLL net lease capital markets team representing the seller was led by senior directors Alex Sharrin and Nicholas Kanich, along with senior vice president Larry Kilduff.
