2128 University Ave Green Bay, WI 54302-3628

Property Details for 2128 University Ave

Lot size

0.53 lot acres

Property type

Commercial land

APN

21 2221-1

APU

2122211

Description

This exceptional investment opportunity presents a brand-new, 1,365-square-foot Pizza Hut restaurant in Green Bay, Wisconsin. Built in 2024, this single-tenant property boasts a 15-year absolute NNN lease, ensuring minimal landlord responsibilities. The property enjoys a 100% occupancy rate and generates a strong net operating income (NOI) of $90,000, translating to a 6.00% cap rate. Located at 2128 University Ave, Green Bay, WI 54302, on a 0.53-acre lot, this QSR benefits from a highly visible location with excellent curb appeal and convenient drive-thru access. The property's strategic placement near the intersection of University Avenue and N Danz Avenue, an area with approximately 21,300 vehicles per day, ensures consistent customer traffic. The asking price is $1,500,000, representing a price per square foot of $1,098.90. This is a rare chance to acquire a low-maintenance, high-return investment in a necessity-based business with a long-term lease, offering significant potential for passive income and appreciation. The property is situated in Brown County, Wisconsin, and its prime location within a high-traffic retail corridor guarantees strong performance for years to come. This is a turnkey investment ideal for those seeking a stable and profitable addition to their portfolio.