Retail•Free Standing•For Sale

BMO Harris Bank, Fee Simple NNN, Excellent Assumable Debt

2614 West Mason Street, Green Bay, Wisconsin 54303

Sale Price $1,766,000 ($407.38 /SqFt)
Sale Type Investment
Bldg Type Single-Tenant
Class B
Status Existing
Year Built 1984
Stories 1
Cap Rate 7.00%
RBA 4,335 SqFt
Land Area 73,616 SqFt
Market Green Bay
The property is located at the bustling intersection of Mason Street and Packerland Drive, and is passed by approximately 22,000 cars daily. U.S. Highway 41, one of Green Bay’s major arterial roadways, is also less than one mile from the property. The building’s parking lot can accommodate 36 cars and has five drive-thru lanes for customer convenience. The local market is supported by numerous businesses, retail destinations, and dining establishments. The area is home to national retailers The Home Depot, Sam’s Club, Walmart and a Festival Foods grocery store. Northeast Wisconsin Technical College is also adjacent to the property. The building is located within a dense residential community and is situated two miles north of the Austin Straubel International Airport. To the branch’s benefit, the average household income in the immediately surrounding neighborhood is roughly $75,000. Additionally, over 100,000 residents live within 5-miles of the property.
  • NOI $123,651
  • Lease Type Absolute NNN
  • Lease Term 10 Years
  • Lease Start September 2014
  • Lease Expiration September 2024

1 Spaces

9/18/2018 12:00:00 AM 6/5/2019 10:51:56 PM


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