1325 Broadway St De Pere, WI 54115
- Office Properties & Spaces
- 7,300 SF
- 1.19 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 1325 Broadway St
- Year built
- 2008
- Lot size
- 1.19 lot acres
- Property size
- 7,300 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This 7,300 square foot, single-story Class A office building in De Pere, Wisconsin, is available for $1,199,000. Built in 2008, this vacant property boasts 17 perimeter offices with abundant natural light, four interior offices, three conference rooms, three bathrooms, a kitchen/break room, a lobby with a waiting area, a filing room, a storage room, and an IT room. The building features 43 parking spaces, high-speed internet, and ADA-accessible features. Two parking areas provide convenient employee and visitor parking. The 1.19-acre lot is zoned B-2 Business and offers excellent curb appeal and high visibility. Located at 1325 S Broadway St, De Pere, WI 54115, this property benefits from a growing neighborhood and is adjacent to a new Starbucks under construction. The estimated annual triple net expenses (NNN) are $4.82 per square foot, totaling approximately $2,932 per month. The pro-forma cap rate is 8.52%, and the pro-forma NOI is $102,200. The price per square foot is $164.25, and the land value is estimated between $300,000 and $400,000 per acre. This fee-simple ownership opportunity presents a strong investment potential for owner-users seeking a stabilized, versatile office space. The property is ideal for various office users, including medical and executive offices.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- De Pere
- County
- Brown
- State
- Wisconsin
- Longitude
- -88.0567
- Latitude
- 44.4298