1340 Green Bay St Shawano, WI 54166
- Office buildings
- 7,400 SF
- 10.00 lot acres
Current Use by Public Records
- Office buildings
Property Details for 1340 Green Bay St
- Year built
- 1994
- Lot size
- 10.00 lot acres
- Property size
- 7,400 SF
- Property type
- Office buildings
- APN
- 281321200000
- APU
- 281321200000
Description
Exceptional investment opportunity: a 7,700 square foot, single-story Class C office building located at 1340 E. Green Bay St, Shawano, WI 54166. This property boasts a 100% occupancy rate with a diverse tenancy including multiple State of Wisconsin agencies and other tenants. The building, constructed in 1994, sits on a 10-acre lot and includes 41 parking spaces. The current asking price is $1,295,193, representing a price per square foot of $168.21 and a 7.66% cap rate. The Net Operating Income (NOI) is $99,270. Leases are primarily gross leases with a multi-tenant structure, featuring 5-year terms with options and escalator clauses. The portfolio average term to maturity, including options, is 26 months (excluding 10 leases currently in the renewal process). This property is well-suited for 1031 exchange investors. The property's APN is 281-32-1-20-0000. While individual property sales are possible, the seller prefers multiple property acquisitions.
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
- Shawano
- County
- Shawano
- State
- Wisconsin
- Longitude
- -88.5743
- Latitude
- 44.7798
- CBSA code
- 43020
- CBSA name
- SHAWANO, WI MICROPOLITAN STATISTICAL AREA
