Freestanding Dental Office
1931 Main Street Green Bay, WI 54302
1931 Main Street, Green Bay, WI, 54302
Contact for pricing
For Sale
Contact for pricing
Newer freestanding dental building constructed in 2016 along a major commercial corridor.
Property Size5,000 SF
Price / SF$320
Days on Market48
Property Features for 1931 Main Street
General Information
- Standard status
- Active
- Size
- 5,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 2016
Listing agency
The Property Advisor
(262) 569-5922
Listed by
Jerry Erdmann · License #WI 38211
Source
Crexi
Added: Jun 5 Updated: Jul 22 at 12:22PM Checked: Jul 22 at 12:22PM
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
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
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 | $108.0k | $21.60 |
| − Vacancy | −$7.0k | −$1.40 |
| EGI | $101.0k | $20.20 |
| − OpEx | −$40.4k | −$8.08 |
| NOI | $60.6k | $12.12 |
5,000 SF · lease $21.60/SF/yr · vacancy 6.50% · expense 40.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Familia Dental
Dental Office
Emergency Dentist 24/7-Green ...
Dental Office
Jungik Hong
Dental Office
Raymond Mazuchowski
Dental Office
Dr. Ashley Jan
Dental Office
Similar For Sale Nearby
Similar Off Market Nearby
- Petco Vaccination Clinic — 2390 E Mason St, Green Bay, WI 54302
FAQs
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
