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Starbucks Drive-Thru 3-Tenant Strip 2230 Main St
6,025 SF 100% Leased Retail Building Green Bay, WI 54302 $4,053,964 CAD ($673 CAD/SF) 6.15% Cap Rate
Investment Highlights
- 100% Occupied Three Tenant Retail Center – Newer 2018 Construction, 1 Acre Parcel at Four-Way Signalized Intersection Providing Excellent Exposure to
- Placer.ai Reports The Location Exceeded 251,000 Customer Visits Over the Last Year (68th Percentile in Wisconsin)
- Replaceable Low Rents – Starbucks Pays Just $37/SF - Total Rents for Center Average $29/SF
- Starbucks w/ Drive Thru and Relocated From Across the Street in 2018
- Diversified National Tenant Mix – Starbucks, US Cellular and ATI Physical Therapy – Starbucks and ATI Leases Offer Corporate Guarantees
- All Tenants Operate on Passive NNN Leases – Ease of Management for Absentee Owner
Executive Summary
Green Bay, Wisconsin is the state’s oldest settlement and the 3rd largest city in Wisconsin with a population exceeding 104,000. Situated at the mouth of the Fox River, Green Bay is a sub-basin of Lake Michigan, and is the economic hub of northeastern Wisconsin. Green Bay is home to the Green Bay Packers in the largest venue in the State of Wisconsin, Lambeau Field, which has a maximum capacity of over 81,000 (3rd largest NFL stadium and the oldest continually operating NFL Stadium).
Property Facts
Amenities
- Pylon Sign
- Signage
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
-
- Accommodation and Food Services
- -
- -
- Mar 2028
Starbuck's story begins in 1971 along the cobblestone streets of Seattle’s historic Pike Place Market. It was there where Starbucks opened its first store, offering fresh-roasted coffee beans, tea and spices from around the world for their customers to take home. Their name was inspired by the classic tale, “Moby-Dick,” evoking the seafaring tradition of the early coffee traders. Starbucks would soon expand to Chicago and Vancouver, Canada and then on to California, Washington, D.C. and New York. By 1996, they would cross the Pacific to open their first store in Japan, followed by Europe in 1998 and China in 1999. Over the next two decades, they would grow to welcome millions of customers each week and become a part of the fabric of tens of thousands of neighborhoods all around the world. In everything they do, they are always dedicated to Their Mission: With every cup, with every conversation, with every community - they nurture the limitless possibilities of human connection.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
|
|
Accommodation and Food Services | - | - | Mar 2028 |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- This property features 1,920 square feet of premier retail space in one of Green Bay WI’s most desirable retail corridors. Maximum exposure for incoming tenants and spacious open floor-plan, easily convertible. - Offers convenient access from multiple directions immediately off of Hwy 141, complemented by ample customer parking. - Clean, highly-visible pylon signage and high-quality building materials, ensuring excellent visibility and a commanding, presence in Green Bay's prime location. - Property enjoys significant prominence and superior positioning within the East Town Mall corridor. Strong co-tenancy drawing diverse consumers with steady and reliable traffic flow. - The layout is highly adaptable, with extensive amenities to meet the diverse needs of various businesses. - The space benefits from proximity to other nearby retailers, lodging, and restaurants supporting the spaces exposure. - Presents an exceptional opportunity for businesses in search of a premier storefront, with an efficient and easy transition into the space.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,920 SF | Retail | In-Line | 30 Days |
1st Floor
| Size |
| 1,920 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
1st Floor
| Size | 1,920 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | 30 Days |
- This property features 1,920 square feet of premier retail space in one of Green Bay WI’s most desirable retail corridors. Maximum exposure for incoming tenants and spacious open floor-plan, easily convertible. - Offers convenient access from multiple directions immediately off of Hwy 141, complemented by ample customer parking. - Clean, highly-visible pylon signage and high-quality building materials, ensuring excellent visibility and a commanding, presence in Green Bay's prime location. - Property enjoys significant prominence and superior positioning within the East Town Mall corridor. Strong co-tenancy drawing diverse consumers with steady and reliable traffic flow. - The layout is highly adaptable, with extensive amenities to meet the diverse needs of various businesses. - The space benefits from proximity to other nearby retailers, lodging, and restaurants supporting the spaces exposure. - Presents an exceptional opportunity for businesses in search of a premier storefront, with an efficient and easy transition into the space.
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 21-457-6 | Improvements Assessment | $1,166,720 CAD |
| Land Assessment | $566,138 CAD | Total Assessment | $1,732,857 CAD |
PROPERTY TAXES
-
Carson Breshears -
Hank Wolfer -
Todd Lindblom -
Marcus & Millichap
Presented by
Starbucks Drive-Thru 3-Tenant Strip | 2230 Main St
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