Retail Suite with Private
509 Military Avenue, Green Bay, WI 54303
For Sale
Contact for pricing
Street-level windows, building signage and parking serve this storefront in an established retail center.
Property Size1,628 SF
Price / SF$141.28
Days on Market12
Property Features for 509 Military Avenue
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Amenities
street-level windows
ample parking
private entrance
on-building signage
Listing Agency:
RE Commercial LLC
Listed By:
Todd DeVillers · License #WI 49056-90
Source:
Crexi
Added: Oct 29
Changed: Nov 8
Last Checked: Nov 8 at 4:52PM
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 RE Commercial LLC
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.
This 1,628 SF retail suite is located in The Beacon Shopping Center, an approximately 62,000 SF neighborhood retail center. The space has street-level windows, its own entrance and signage on the building, with parking available at the center.
The center is situated along South Military Avenue. Restaurants, shops and other businesses are among the surrounding amenities.
The center is situated along South Military Avenue. Restaurants, shops and other businesses are among the surrounding amenities.
Key Highlights
- 1,628 SF retail suite in The Beacon Shopping Center
- Center totals approximately 62,000 SF
- Street‑level windows and a private entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,997
Cap Rate
7.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,940
$359.9K
Cap Rate 7%
$257,100
$257.1K
Cap Rate 9%
$199,967
$200.0K
Market Conditions
NOI Build-Up for 1,628 SF
Gross rent
$27.4K $16.80/SF
− Vacancy
−$1.6K −$1.01/SF
EGI
$25.7K $15.79/SF
− OpEx
−$7.7K −$4.74/SF
NOI
$18.0K $11.05/SF
Area
Green Bay, WI
Vacancy
6.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,940
Cap Rate 7%
$257,100
Cap Rate 9%
$199,967
Alternative Uses
Best Use
Retail
$257.1K
$225.0K – $300.0K
NOI $17,997 @ 7.0% cap · market cap 7.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$379.6K
$332.1K – $442.8K
NOI $26,569 @ 7.0% cap · market cap 11.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,092
Businesses Nearby
443k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 31%
Shops & Services 30%
Apparel 24%
Superstores 7%
Sierra
Apparel
36,776 visits/mo
0.3 miles
McDonald's
Dining
32,530 visits/mo
0.3 miles
Big Lots
Superstores
30,098 visits/mo
0.3 miles
Burlington
Apparel
25,827 visits/mo
0.1 miles
Aldi
Groceries
24,949 visits/mo
0.2 miles
Demographics for 54303, WI
27,478
Population
13,088
Households
2.1
Avg Household Size
36
Median Age
18%
College-Educated
91%
High-School Grad
11.5 sq mi
ZIP Area
2,389
Density / Sq Mi
$58,110
Median Household Income
$38,983
Median Earnings
$859
Median Rent
$160,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Retail space in Green Bay, WI
Properties on Market for Retail space in Green Bay
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Street-level windows, building signage and parking serve this storefront in an established retail center.
Where is this retail space located?
The property is located at 509 Military Avenue Green Bay, WI.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 1,628 SF retail suite in The Beacon Shopping Center; Center totals approximately 62,000 SF; Street‑level windows and a private entrance
