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435 E Walnut St
Green Bay, WI 54301
Press-Gazette Media Advertising · Office Property For Sale

INVESTMENT HIGHLIGHTS

  • Iconic building in great location with a below market rent and passive ownership opportunity
  • 161 Employees at the property and growing
  • Distribution space used for sorting and distribution of Gannett's regional and national newspapers
  • Critical use facility operating 24 hours a day, 7 days a week, 365 days per year
  • Newsroom, Advertising, and Classified teams occupy the office space
  • Due Diligence is current and available to Buyer

PROPERTY FACTS

Property Type
Office
Building Size
86,400 SF
Building Class
A
Year Built/Renovated
1930/2017
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
28,800 SF
Building FAR
1.64
Lot Size
1.21 AC
Zoning
R1 - Low Density Residential
Parking
151 Spaces (1.74 Spaces per 1,000 SF Leased)

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Basement
  • Natural Light
  • Drop Ceiling

ABOUT 435 E WALNUT ST , GREEN BAY, WI 54301

HMX Realty Advisors exclusively presents for sale the 9.65 cap single tenant Green Bay Press Gazette building. Tenant reimburses all operating expense and seller will retain property management, at buyer’s option, for the management fee paid by tenant. Gannett currently has 161 employees at the property and is in the process of adding more for its dynamic digital and print regional classified advertisement division. Gannett reaches millions of people every week through a vast portfolio of digital mobile and print products across their extensive family of brands. In addition, ReachLocal is an outstanding digital marketing company focused on helping small and medium-sized businesses grow. Furthermore, to USA Today, Gannett publishes 105 Publications in the United States as well as many in the United Kingdom

  • Listing ID: 19315227

  • Date on Market: 4/23/2020

  • Last Updated:

  • Address: 435 E Walnut St, Green Bay, WI 54301

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