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Single-Tenant Industrial Warehouse
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1836 Sal Street, Green Bay, WI 54302

Single-tenant industrial facility with 16-foot clear height, heavy power, and LED lighting, leased through January 31, 2028.

Property Size39,548 SF
Lot Size1.86 Acres
Price / SF$70.55
Days on Market112

Property Features for 1836 Sal Street

General Information

Standard status Active
Size 39,548 SF
Total Parking Spaces 50
Lot size 1.86 Acres
Property subtype Industrial
Lease Type NNN

Warehouse & Industrial

Clear Height 16 ft
Dock-High Doors 1
Drive-In Doors 2
Heavy Power Yes

Building Details

Year Built 1971
Buildings 1
Tenancy Single
Listing Agency: Bartlett Capital Group
Listed By: Caitlin Dinkel, Landlord rep · License #0931
Source: Crexi
Added: Jul 1 Changed: Oct 1 Last Checked: Oct 19 at 6:26AM

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 Bartlett Capital Group

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Investment Insights

Based on property information with market context.

1836 Sal Street is a single-tenant industrial property offering a manufacturing and warehouse layout with 16-foot clear height. The facility includes heavy three-phase power, two drive-in doors, and one exterior loading dock, supported by new LED warehouse lighting. Recent exterior and site improvements include exterior paint and pavement work on the roads on both sides of the building through special assessment.

The property sits on approximately 1.86 acres and provides about 50 parking spaces. It is occupied under an NNN lease through January 31, 2028.

For investors seeking a long-term, leased industrial asset, this building is positioned as a functional manufacturing/warehouse space with multiple loading options and dedicated on-site parking.

Key Highlights

  • 39,548 SF single‑tenant industrial facility in Green Bay, WI
  • NNN lease in place through January 31, 2028
  • 2026 contractual rent of $182,093.70 annually

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$191,929
Cap Rate
6.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,838,580 $3.8M
Cap Rate 7%
$2,741,843 $2.7M
Cap Rate 9%
$2,132,544 $2.1M
Market Conditions
NOI Build-Up for 39,548 SF
Gross rent
$232.5K $5.88/SF
− Vacancy
−$6.7K −$0.17/SF
EGI
$225.8K $5.71/SF
− OpEx
−$33.9K −$0.86/SF
NOI
$191.9K $4.85/SF
Area
Green Bay, WI
Vacancy
2.90%
Lease Rate
$5.88 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,838,580
Cap Rate 7%
$2,741,843
Cap Rate 9%
$2,132,544

Alternative Uses

Best Use
Warehouse
$2.74M
$2.40M – $3.20M (±1% cap)
NOI $191,929 @ 7.0% cap · market cap 6.88%
Second Best
Industrial
$2.52M
$2.20M – $2.94M (±1% cap)
NOI $176,161 @ 7.0% cap · market cap 6.31%
Theoretical Best
Office A
$9.22M
$8.07M – $10.76M (±1% cap)
NOI $645,423 @ 7.0% cap · market cap 23.13%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Manufacturing properties

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Big Box & Wholesale Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft
Clear height
1
Dock-high doors
2
Drive-in doors
Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby

Demographics for 54302, WI

31,327
Population
13,390
Households
2.3
Avg Household Size
34
Median Age
19%
College-Educated
81%
High-School Grad
9.2 sq mi
ZIP Area
3,405
Density / Sq Mi
$55,772
Median Household Income
$37,257
Median Earnings
$881
Median Rent
$164,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Manufacturing property - Single-tenant industrial facility with 16-foot clear height, heavy power, and LED lighting, leased through January 31, 2028.
Where is this manufacturing property located?
The property is located at 1836 Sal Street Green Bay, WI.
What is the asking price?
The asking price for this property is $2,790,000.
What are key features of this property?
This property features: 39,548 SF single‑tenant industrial facility in Green Bay, WI; NNN lease in place through January 31, 2028; 2026 contractual rent of $182,093.70 annually
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