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1232 Elizabeth St 13,640 SF Industrial Building Green Bay, WI 54302 $1,200,000 ($87.98/SF) 6.77% Cap Rate
EXECUTIVE SUMMARY
* Strong National Tenant, *Functional Industrial Building and Outdoor Storage (IOS), *Passive Investment / Annual Rent Increases, *Prime Location in Green Bay, WI.
Current Tenant, Loomis just signed a new 10 year NNN lease with two more lease options at 2035, * Fully leased to Loomis since 2010, this steel and metal facility features twelve (12) drive-in doors within a ±13,640 Sq. Ft. facility situated on ±1.21 Acres (±25% Building/Lot Coverage). The fenced in yard allows for ample outdoor storage (IOS) and excess parking for armored trucks and employee parking.
Current Tenant, Loomis just signed a new 10 year NNN lease with two more lease options at 2035, * Fully leased to Loomis since 2010, this steel and metal facility features twelve (12) drive-in doors within a ±13,640 Sq. Ft. facility situated on ±1.21 Acres (±25% Building/Lot Coverage). The fenced in yard allows for ample outdoor storage (IOS) and excess parking for armored trucks and employee parking.
PROPERTY FACTS Under Contract
| Price | $1,200,000 | Lot Size | 1.21 AC |
| Price Per SF | $87.98 | Rentable Building Area | 13,640 SF |
| Sale Type | Investment NNN | No. Stories | 1 |
| Cap Rate | 6.77% | Year Built | 1970 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Clear Ceiling Height | 12’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Zoning | BP | ||
| Price | $1,200,000 |
| Price Per SF | $87.98 |
| Sale Type | Investment NNN |
| Cap Rate | 6.77% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 1.21 AC |
| Rentable Building Area | 13,640 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Tenancy | Single |
| Clear Ceiling Height | 12’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | BP |
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PROPERTY TAXES
| Parcel Number | 21-1193-1 | Improvements Assessment | $281,100 |
| Land Assessment | $151,400 | Total Assessment | $432,500 |
PROPERTY TAXES
Parcel Number
21-1193-1
Land Assessment
$151,400
Improvements Assessment
$281,100
Total Assessment
$432,500
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1232 Elizabeth St
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