Property Listing No Longer Available for Sale

1150 Springhurst Drive, Green Bay, WI

Office for Sale - $3,800,000 - 32,710 Sq. Ft. on 1.46 acres


Property Info

CIMLS#963047
Location
  1150 Springhurst Drive
  Green Bay WI 54304
UpdatedDecember 1st, 2017
TypeOffice
Price$3,800,000
Building32,710 Sq. Ft.
Land1.46 acres

Property Description

This property includes a 32,710 sq. ft., two-story office building on 1.46 acres in the well-located Baeten Farms Office Park in the Village of Ashwaubenon, City of Green Bay. The building is set up in a multi-tenant configuration and currently has 3 tenants on short-term leases that can provide an excellent opportunity for an Owner/User to take as much space as needed. For the Investor/Buyer, the existing tenants have expressed a desire to stay and would be subject to renegotiation of the existing rent.

The project site is located just 5 miles south of downtown Green Bay on 3 miles East of the Austin Straubel International Airport. Demographics for the area include a population of 50,515 and an average household income of $64,753 within a 3-mile radius.

An adjacent 42,253 sq. ft. vacant parcel of land is also available for the User or Investor to add square footage to the existing configuration.

Location Description:

Located in Green Bay

Vacant land next to the property for sale as well

Highlights:

>> Class A Office Building in Well-Located Baeten Farms Office Park

>> Short Driving Distance to Airport and Downtown

>> Owner / User Opportunity with Leases Due To Expire

>> The Building is Parked at a 4:1000 Ratio

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Financials