Leased Dialysis Medical
1751 Deckner Avenue Green Bay, WI 54302
1751 Deckner Avenue, Green Bay, WI, 54302
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For Sale
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Fee-simple medical facility with ample parking, built in 1991 and renovated in 2012 under a NNN lease.
Property Size14,600 SF
Price / SF$198.63
Days on Market99
Property Features for 1751 Deckner Avenue
General Information
- Standard status
- Active
- Size
- 14,600 SF
- Property subtype
- Office
Building Details
- Year Built
- 1991
Listing agency
Bang Realty
(888) 737-2264
Listed by
Brian Brockman · License #343837
Source
Crexi
Added: Apr 15 Updated: Jul 22 at 11:41AM Checked: Jul 22 at 11:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bang Realty
Investment Insights
Based on property information with market context.
Offered in exclusive fee simple, this leased dialysis medical property is occupied by DaVita, which has been in place since 2012 and recently extended its lease through 2028 under an NNN structure with minimal landlord responsibilities. The building totals 14,600 square feet with ample parking, and DaVita occupies 90.53% of the space. Originally built in 1991, the property was renovated in 2012 to support DaVita’s brand image and functional requirements.
The asset is positioned in a dense major retail trade area with a mix of commercial businesses and residential properties. The offering is located in Green Bay, Wisconsin.
The remaining 9.47% of the building presents options for prospective owners, including exploring expansion plans associated with the tenant’s previously expressed interest in occupying 100% of the space, renting the remainder to another tenant, or occupying it themselves.
The asset is positioned in a dense major retail trade area with a mix of commercial businesses and residential properties. The offering is located in Green Bay, Wisconsin.
The remaining 9.47% of the building presents options for prospective owners, including exploring expansion plans associated with the tenant’s previously expressed interest in occupying 100% of the space, renting the remainder to another tenant, or occupying it themselves.
Key Highlights
- 14,600 SF fee‑simple medical facility at 1751 Deckner Ave, Green Bay, WI
- Built in 1991; renovated in 2012 to support the tenant’s brand image and function
- DaVita occupied since 2012 and recently extended the lease through 2028 under an NNN lease
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $315.4k | $21.60 |
| − Vacancy | −$20.5k | −$1.40 |
| EGI | $294.9k | $20.20 |
| − OpEx | −$117.9k | −$8.08 |
| NOI | $176.9k | $12.12 |
14,600 SF · lease $21.60/SF/yr · vacancy 6.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$2.53M
$2.21M – $2.95M
NOI $176,917 @ 7.0% cap · market cap 6.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.40M
$2.98M – $3.97M
NOI $238,272 @ 7.0% cap · market cap 8.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
DaVita Green Bay ...
Medical Clinic
Brown County Dialysis ...
Physician
STEVEN E NEU
Physician
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FAQs
What type of property is this?
Medical center - Fee-simple medical facility with ample parking, built in 1991 and renovated in 2012 under a NNN lease.
Where is this medical center located?
The property is located at 1751 Deckner Avenue Green Bay, WI.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: 14,600 SF fee‑simple medical facility at 1751 Deckner Ave, Green Bay, WI; Built in 1991; renovated in 2012 to support the tenant’s brand image and function; DaVita occupied since 2012 and recently extended the lease through 2028 under an NNN lease
