726 Pine St
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726 Pine St
12,866 SF Office Building Green Bay, WI 54301 $2,650,000 ($206/SF) 9.07% Cap Rate
Investment Highlights
- Current tenant, with 2 yrs remaining on gross lease with 2-5 year options to renew with 2% annual increase
- Open concept & high grade finishes
- Everything in property has been completely remodeled
- Improvements include all HVAC, doors, windows, electrical, plumbing, walls and flooring
Executive Summary
This newly remodeled commercial property FOR SALE is conveniently located in Downtown Green Bay.
This property includes improvements such as:
HVAC – Windows/doors – Electrical – Plumbing – Walls and flooring
Besaw & Associates Realty is pleased to offer FOR SALE this prime commercial Office Building at 726 Pine St. in Downtown Green Bay. This property was custom built to suit for current tenant, W/2 yrs remaining on gross lease with 2-5 yr. options to renew with 2% annual increase. Long term tenant. Everything in property has been completely remodeled, w/open concept & high grade finishes. Including all HVAC, doors, windows, electrical, plumbing, walls and flooring. Gross lease
RBA 12,866 sqft, 6,400 sq ft typical floor, 86 parking spaces, 4 restrooms
This property includes improvements such as:
HVAC – Windows/doors – Electrical – Plumbing – Walls and flooring
Besaw & Associates Realty is pleased to offer FOR SALE this prime commercial Office Building at 726 Pine St. in Downtown Green Bay. This property was custom built to suit for current tenant, W/2 yrs remaining on gross lease with 2-5 yr. options to renew with 2% annual increase. Long term tenant. Everything in property has been completely remodeled, w/open concept & high grade finishes. Including all HVAC, doors, windows, electrical, plumbing, walls and flooring. Gross lease
RBA 12,866 sqft, 6,400 sq ft typical floor, 86 parking spaces, 4 restrooms
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Office
Property Subtype
Office/Residential
Building Size
12,866 SF
Building Class
B
Year Built
1980
Price
$2,650,000
Price Per SF
$206
Cap Rate
9.07%
NOI
$240,260
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
6,433 SF
Slab To Slab
10’
Building FAR
0.50
Land Acres
0.59 AC
Zoning
Commercial - B (Merchantile)
Parking
86 Spaces (6.68 Spaces per 1,000 SF Leased)
Amenities
- Kitchen
1 of 1
Walk Score ®
Very Walkable (87)
Bike Score ®
Very Bikeable (72)
PROPERTY TAXES
| Parcel Number | 10-47 | Improvements Assessment | $669,800 |
| Land Assessment | $82,900 | Total Assessment | $752,700 |
PROPERTY TAXES
Parcel Number
10-47
Land Assessment
$82,900
Improvements Assessment
$669,800
Total Assessment
$752,700
-
Tim Besaw -
Besaw Properties, Ltd.
(920) 338-8080
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726 Pine St
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