Freestanding Dental Office
For Sale
Contact for pricing
1931 Main Street, Green Bay, WI 54302
Newer freestanding dental building constructed in 2016 along a major commercial corridor.
Property Size5,000 SF
Price / SF$320
Days on Market139
Property Features for 1931 Main Street
General Information
Standard status
Active
Size
5,000 SF
Property subtype
Office
Zoning
C-1
Lease Type
NN
Investment Type
Net Lease
Net Operating Income
$110,000
Building Details
Year Built
2016
Tenancy
Single
Listing Agency:
The Property Advisor
Listed By:
Jerry Erdmann · License #WI 38211
(262) 569-5922
Source:
Crexi
Added: Jun 5
Changed: Oct 3
Last Checked: Oct 20 at 6:12PM
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 The Property Advisor
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A newer constructed, freestanding Familia Dental building built in 2016 is available for sale. The property is currently occupied by the dental tenant, and the initial 10-year lease term is nearing expiration. The tenant has renewed their first 5-year option, with one additional 5-year option remaining.
The building is located along a major commercial corridor in Green Bay, Wisconsin. The tenant has indicated satisfaction with the location’s performance.
For buyers seeking a purpose-built owner-occupied style asset, this free standing dental facility offers a modern construction profile with continued in-place tenancy and remaining option term.
The building is located along a major commercial corridor in Green Bay, Wisconsin. The tenant has indicated satisfaction with the location’s performance.
For buyers seeking a purpose-built owner-occupied style asset, this free standing dental facility offers a modern construction profile with continued in-place tenancy and remaining option term.
Key Highlights
- Built in 2016: newer freestanding Familia Dental building
- Located along a major commercial corridor in Green Bay, WI
- Dental tenant has renewed a 5‑year option; one additional 5‑year option remains
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,588
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,211,760
$1.2M
Cap Rate 7%
$865,543
$865.5K
Cap Rate 9%
$673,200
$673.2K
Market Conditions
NOI Build-Up for 5,000 SF
Gross rent
$108.0K $21.60/SF
− Vacancy
−$7.0K −$1.40/SF
EGI
$101.0K $20.20/SF
− OpEx
−$40.4K −$8.08/SF
NOI
$60.6K $12.12/SF
Area
Green Bay, WI
Vacancy
6.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,211,760
Cap Rate 7%
$865,543
Cap Rate 9%
$673,200
Alternative Uses
Best Use
Healthcare Medical
$865.5K
$757.4K – $1.01M
NOI $60,588 @ 7.0% cap · market cap 3.79%
Second Best
Office B
$843.4K
$738.0K – $984.0K
NOI $59,040 @ 7.0% cap · market cap 3.69%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M
NOI $81,600 @ 7.0% cap · market cap 5.10%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
495
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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 Office in Midwest region
Similar Off Market Nearby
- Petco Vaccination Clinic — 2390 E Mason St, Green Bay, WI 54302
Frequently Asked Questions
What type of property is this?
Medical Office Space - Newer freestanding dental building constructed in 2016 along a major commercial corridor.
Where is this medical office space located?
The property is located at 1931 Main Street Green Bay, WI.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Built in 2016: newer freestanding Familia Dental building; Located along a major commercial corridor in Green Bay, WI; Dental tenant has renewed a 5‑year option; one additional 5‑year option remains
