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Single-Tenant Industrial Warehouse

1836 Sal Street Green Bay, WI 54302

1836 Sal Street, Green Bay, WI, 54302
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For Sale
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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 Market22

Property Features for 1836 Sal Street

General Information

Standard status
Active
Size
39,548 SF
Lot size
1.86 Acres
Property subtype
Industrial

Building Details

Year Built
1971
Listing agency Bartlett Capital Group
Listed by Caitlin Dinkel, Landlord rep · License #0931
Source Crexi
Added: Jul 1 Updated: Jul 22 at 12:27AM Checked: Jul 22 at 12:27AM

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


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

Local Financial Insights For Warehouse

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 $232.5k $5.88
− Vacancy −$6.7k −$0.17
EGI $225.8k $5.71
− OpEx −$33.9k −$0.86
NOI $191.9k $4.85
39,548 SF · lease $5.88/SF/yr · vacancy 2.90% · expense 15.00%

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 local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Manufacturing properties

Suggested Use

Law Firm Real Estate Agency HVAC Service Skin Care Clinic Spa & Massage Center Hair Salon Building Supply Pharmacy Electrical Service Grocery & Convenience Store

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

FAQs

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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