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    600 S Military Ave Green Bay, WI 54303

    For Sale
    $1,503,000

    New construction Caribou Coffee with drive-up and walk-up format.

    Property size:
    605 SF
    Lot size:
    0.17 Acres

    Property Features for 600 S Military Ave

    General Information

    Size
    605 SF
    Lot size
    0.17 Acres

    Source: CBRE - Minnesota Agent Sean Doyle

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Caribou Coffee Cabin Concept

    This property features Caribou Coffee’s new “Cabin” concept, designed with a drive-up and walk-up only format. Caribou Coffee has been actively expanding its store count with multiple new “Cabin” locations throughout the Midwest. The building is new construction, built-to-suit according to Caribou Coffee’s specifications. A 10-year lease is in place, featuring a 10% rent increase in Year 6 and in each option period. In the fall of 2021, Caribou Coffee merged with Panera Bread and Einstein Bros. Bagels to form Panera Brands, which consists of 4,000 units in total and over 100,000 employees globally. The property benefits from high traffic flow near the intersection of Hwy 54 and I-41. Wisconsin has the second highest concentration of Caribou locations nationally. The property size is 605 square feet.
    Location Intelligence

    Current Use by Public Records

    Midwest Grocery & Somali ... Grocery Store Caribou Coffee Coffee Shop PERKINS PARK SQUARE Shopping Mall

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Scooter's Coffee, To Your Health Juicery, Caribou Coffee, Bhava Coffee, Starbucks

    Location Insight

    • Map
    • Local Demand
    City
    Green Bay
    County
    Brown
    State
    Wisconsin
    Longitude
    -88.054984
    Latitude
    44.53614

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    FAQs

    What type of property is this?
    Coffee shop - New construction Caribou Coffee with drive-up and walk-up format.
    Where is this coffee shop located?
    The property is located at 600 S Military Ave Green Bay, WI.
    What is the asking price?
    The asking price for this property is $1,503,000.
    What are key features of this property?
    This property features: - 10-year lease with attractive 10% rent increase in Year 6 and in each option period.; - New construction built-to-suit according to Caribou Coffee’s specifications.; - High traffic flow location near the intersection of Hwy 54 and I-41.
    (612) 720-3259
    Request Owner's contact information
    600 S Military Ave Green Bay, WI 54303
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    Green Bay, WI 54303
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    600 S Military Ave Green Bay, WI 54303
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