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Starbucks 1567 Mason St 2,460 SF Retail Building Green Bay, WI 54302 $1,810,560 ($736/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate Starbucks Lease – Guaranteed by Starbucks Corporation (NASDAQ: SBUX; BBB+/Baa1).
- Proximity to Bellin Health – Less than one mile from Bellin Health Hospital & Clinics, a major regional employer with 5,000+ employees.
- Strong Retail Corridor – Located along East Mason Street (22,500 VPD), surrounded by Menards, Festival Foods, Walgreens, and Aldi.
EXECUTIVE SUMMARY
Mid-America Real Estate is pleased to present the opportunity to acquire a 2,460-square-foot, freestanding Starbucks located at 1567 E. Mason Street in Green Bay, Wisconsin. The property features a corporate-guaranteed lease with Starbucks Corporation and is strategically positioned along one of Green Bay’s most heavily trafficked retail corridors.
Surrounded by major national retailers including Menards, Festival Foods, Walgreens, Aldi, and Home Depot, the site benefits from excellent visibility, a drive-thru, and immediate access to dense residential neighborhoods. East Mason Street serves as a key east-west artery connecting downtown Green Bay with I-43, seeing 22,500+ vehicles per day.
The asset is located less than one mile from Bellin Health Hospital, a leading regional medical provider and one of Green Bay’s largest employers, generating consistent daily traffic and strong daytime demographics. With over 151,000 residents within a five-mile radius and average household incomes of $87,973, this Starbucks is ideally positioned for long-term stability and sustained retail demand.
Surrounded by major national retailers including Menards, Festival Foods, Walgreens, Aldi, and Home Depot, the site benefits from excellent visibility, a drive-thru, and immediate access to dense residential neighborhoods. East Mason Street serves as a key east-west artery connecting downtown Green Bay with I-43, seeing 22,500+ vehicles per day.
The asset is located less than one mile from Bellin Health Hospital, a leading regional medical provider and one of Green Bay’s largest employers, generating consistent daily traffic and strong daytime demographics. With over 151,000 residents within a five-mile radius and average household incomes of $87,973, this Starbucks is ideally positioned for long-term stability and sustained retail demand.
PROPERTY FACTS
Sale Type
Investment
Sale Conditions
Property Type
Building Size
2,460 SF
Year Built
2023
Price
$1,810,560
Price Per SF
$736
Cap Rate
6.25%
NOI
$113,160
Tenancy
Single
Building Height
1 Story
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Starbucks
- Accommodation and Food Services
-
99,999 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Starbucks | Accommodation and Food Services | 99,999 SF | - | - |
Walk Score®
Very Walkable (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 8-475 | Improvements Assessment | $593,400 |
| Land Assessment | $295,400 | Total Assessment | $888,800 |
PROPERTY TAXES
Parcel Number
8-475
Land Assessment
$295,400
Improvements Assessment
$593,400
Total Assessment
$888,800
CONTACTS
-
Dan Rosenfeld -
Tanner Rosen -
Andrew Lund -
Mid-America Real Estate – Wisconsin, LLC
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Starbucks | 1567 Mason St
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