1150 Springhurst Dr

Office for Sale
Catylist Listing ID: 30742042
Property Subtypes: Business Park, Office Building
Building Size (RSF): 32,710 SF
Gross Building Area: See Agent
Gross Land Area: 191,664 SF
Sale Price: $2,750,000
Unit Price: $84.07 PSF
Ceiling: 18 ft.
Property Use Type: Investment, Vacant/Owner-User
Building Name: Executive Center II
Class of Space: Class A
Usable Size (USF): 9,000 SF
Sale Terms: Undisclosed
Cap Rate: 6.72%
Last Updated: 7/22/2021

Overview / Comments

Executive Center ll is a multi-tenant class “A” office building located in the 54 acre Baeten Farms Business Park. This is a desirable location with easy access to Highways 41, 172 and I-43. Baeten Farms Business Park consists of 27 acres of building sites and 27 acres of private nature and wildlife preserve. The building is built into a hill providing the lower level with beautiful views of the grounds.
Neighbors include Concordia University, Walgreens, Associated Bank, Prevea, and Graef.
Major tennant- Concordia University 9700 sq ft occupied.
Parking: 150 stalls adjacent to building
Site size: 4.398 acres (an additional 1.47acres is available for expansion on Hanson Rd)
Amenities: Ample windows, Heated sidewalks, Park-like setting, Executive office suites, Climate controlled data room
Building has 9000 sq ft of vacant space.
NOI and CAP rate based on current income.

Additional Details

Nearest MSA: Green Bay
County: Brown
Tax ID/APN: VA-158-7
Zoning: C
Property Located Between: S Ridge Rd and Hansen Rd
Property Visibility: Excellent
Highway Access: 41, 172, and I-43
Airports: Austin Straubel International and Outagamie County Regional Airport
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 16,355 SF
Year Built: 1989
Construction/Siding: Concrete
Parking Ratio: 4.6 (per 1000 SF)
Parking Type: Surface
Parking Description: Surface 150 Spaces
Total Parking Spaces: 150
Passenger Elevators: 1
Sprinklers: Wet
Zoning Description: Commercial and Office

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,784 67,004 137,299
Median Age: 40.4 38.92 36.93
Households: 3,635 27,387 56,474

Contact

Photograph of Listing Agent

James G Fletcher

RE/MAX 24/7 REAL ESTATE
WCIE Member
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