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    705 Main St Brillion, WI 54110

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    For Lease
    Contact for pricing

    9,000 SF Retail/Office Space Available

    Lot size:
    27,898 SF

    Property Features for 705 Main St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    27,898 SF
    Class
    B
    Total Rate
    12414.61

    Building Details

    Year Built
    2005
    Buildings
    1
    Stories
    1

    Spaces For Lease

    at 705 Main St, Brillion, WI 54110 Contact us
    Unit

    $5 /Mo

    Size
    9,000 SF
    Contact us

    We can help!

    Listing Contact
    Jim Bunjovac
    Jim Bunjovac

    Listing Agency: Drifka Group, Inc. Listing Agent: Jim Bunjovac

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional 27,898 square foot retail building, constructed in 2005, presents a prime opportunity for businesses seeking flexible space in a high-traffic location. Situated conveniently near the intersection of Highway 10 and Main Street, this single-story Class B property boasts a highly visible location next to a Kwik Trip convenience store, ensuring excellent exposure and accessibility. Currently, 9,000 square feet of space is immediately available, with a minimum divisible unit of 9,000 square feet and a maximum contiguous space of 9,000 square feet. The building features a large parking lot for ample customer and employee parking. The property sits on a 2.38-acre lot and is zoned Commercial - C2, allowing for a variety of uses including retail, office, and professional services. The existing building features a 9' x 10' overhead door, ideal for loading and unloading. The main building is currently fully leased, demonstrating strong market demand in this area. This presents a unique chance to establish a presence in a thriving commercial area within Calumet County. The flexible zoning and ample space make this property suitable for a wide range of businesses. Don't miss this opportunity to secure a prominent location in a busy commercial corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Big Box & Wholesale Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Brillion
    County
    Calumet
    State
    Wisconsin
    Longitude
    -88.06446942
    Latitude
    44.18264939

    Nearby Similar for Lease

    • $1,580 /Mo
      1,160 SF

      Retail Space on Hwy 10

      Retail space with high visibility and convenient highway access.
      560 West Ryan St, Brillion, WI 54110
      View Details
    • Contact for pricing
      9,000 SF

      Distribution Center Space Available

      Distribution center space available for lease.
      705-707 N Main St, Brillion, WI 54110
      View Details

    FAQs

    What type of property is this?
    Flex space - 9,000 SF Retail/Office Space Available
    Where is this flex space located?
    The property is located at 705 Main St Brillion, WI.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: 27,898 SF retail building with 9,000 SF of vacant space available.; 9,000 SF minimum divisible space, with a maximum contiguous space of 9,000 SF.; Located in Brillion, WI, near the Highway 10 and Main Street intersection, next to Kwik Trip.
    (920) 993-9065 Call to check price and availability
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    705 Main St Brillion, WI 54110
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    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Jim Bunjovac
    Jim Bunjovac
    Real Estate License ID: 7720494
    (920) 993-9065 (920) 470-9198
    Learn more
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