Investment Opportunity

Office for Sale
Catylist Listing ID: 30575537
Property Subtypes: Business Park
Building Size (RSF): 9,856 SF
Gross Building Area: See Agent
Sale Price: $1,200,000
Unit Price: $121.75 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/27/2020

Overview / Comments

Great investment opportunity! 5 year (with 5 year renewal) lease in place with credit worthy International tenant. NOI of $98,560 with 2% annual escalators and initial cap rate of8.2%. This completely renovated office building sits on a corner lot in the East De Pere business district. The interior is a modern, open concept design offering common area work spaceand break area, multiple conference rooms and 10 +/- private offices. The building has 4 entrances and two driveways. Plenty of paved parking in a private lot. 1.9 acres.Inclusions

Additional Details

Nearest MSA: Green Bay
County: Brown
Tax ID/APN: ED-F0103-6

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,354 33,820 91,786
Median Age: 29.91 37.85 36.9
Households: 2,037 13,207 36,998

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