Gas Station With Convenience
For Sale
Contact for pricing
Pending
1828 S Ashland Ave, Green Bay, WI 54304
Fuel service, convenience retail, and a Little Caesars operation are identified at the property.
Property Size6,620 SF
Days on Market211
Property Features for 1828 S Ashland Ave
General Information
Standard status
Pending
Size
6,620 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$133,435
Building Details
Year Built
1973
Year Renovated
2017
Tenancy
Single
Listing Agency:
Isaac Group at Marcus & Millichap
Listed By:
Drew Isaac · License #CO FA.100023779
Source:
Crexi
Added: Mar 20
Changed: Oct 15
Last Checked: Oct 16 at 7:42AM
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 Isaac Group at Marcus & Millichap
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Investment Insights
Based on property information with market context.
This gas station property combines fuel service with convenience-store retail and a Little Caesars operation. The building contains 6,620 square feet and was constructed in 1973.
The property is located at 1828 S Ashland Ave in Green Bay, Wisconsin 54304. The recorded commercial asset type is a gas station.
The property is located at 1828 S Ashland Ave in Green Bay, Wisconsin 54304. The recorded commercial asset type is a gas station.
Key Highlights
- 6,620‑square‑foot building
- Constructed in 1973
- Fuel station with convenience‑store retail
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$90,562
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,811,240
$1.8M
Cap Rate 7%
$1,293,743
$1.3M
Cap Rate 9%
$1,006,244
$1.0M
Market Conditions
NOI Build-Up for 6,620 SF
Gross rent
$127.1K $19.20/SF
− Vacancy
−$6.4K −$0.96/SF
EGI
$120.7K $18.24/SF
− OpEx
−$30.2K −$4.56/SF
NOI
$90.6K $13.68/SF
Area
Green Bay, WI
Vacancy
5.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,811,240
Cap Rate 7%
$1,293,743
Cap Rate 9%
$1,006,244
Alternative Uses
Best Use
Specialty Retail
$1.29M
$1.13M – $1.51M
NOI $90,562 @ 7.0% cap · market cap 4.75%
Second Best
Retail
$1.05M
$914.8K – $1.22M
NOI $73,180 @ 7.0% cap · market cap 3.84%
Theoretical Best
Office A
$1.54M
$1.35M – $1.80M
NOI $108,038 @ 7.0% cap · market cap 5.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
300
Businesses Nearby
73k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 81%
Hotels & Casinos 12%
Dining 7%
Kwik Trip
Shops & Services
36,921 visits/mo
0.2 miles
Shell
Shops & Services
11,205 visits/mo
0.1 miles
Circle K
Shops & Services
9,149 visits/mo
0.4 miles
Springhill Suites Green Bay
Hotels & Casinos
4,660 visits/mo
0.5 miles
Hilton Garden Inn Green Bay
Hotels & Casinos
4,270 visits/mo
0.4 miles
Demographics for 54304, WI
27,679
Population
12,997
Households
2.1
Avg Household Size
39
Median Age
28%
College-Educated
93%
High-School Grad
11.7 sq mi
ZIP Area
2,366
Density / Sq Mi
$60,369
Median Household Income
$38,926
Median Earnings
$935
Median Rent
$200,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Gas station - Fuel service, convenience retail, and a Little Caesars operation are identified at the property.
Where is this gas station located?
The property is located at 1828 S Ashland Ave Green Bay, WI.
What is the asking price?
The asking price for this property is $1,906,000.
What are key features of this property?
This property features: 6,620‑square‑foot building; Constructed in 1973; Fuel station with convenience‑store retail
