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Stablized Office Complex w/Owner User Option 529 S Jefferson 18,247 SF 75% Leased Office Building Green Bay, WI 54301 $1,100,000 ($60.28/SF) 5.50% Cap Rate
Investment Highlights
- Multiple private office suites varying in size
- Strong investment or owner - user opportunity
- Walkability to Downtown Amenities
- Extremely well maintained property
Executive Summary
529 S Jefferson St offers a stablized office investment opportunity with the added advantage of owner-user occupancy flexibility. The layout supports a variety of office professional office uses and is well-suited for service-based, administrative or professional tenants seeking central accessibility and functional space configuration.
There is flexibility to adapt the occupancy stragegy over time, making this a great long term investment.
There is flexibility to adapt the occupancy stragegy over time, making this a great long term investment.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
18,247 SF
Building Class
C
Year Built
1985
Price
$1,100,000
Price Per SF
$60.28
Cap Rate
5.50%
NOI
$60,500
Percent Leased
75%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,123 SF
Building FAR
0.62
Lot Size
0.68 AC
Zoning
Commercial
Parking
35 Spaces (1.9 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
- -
- 1,300 SF
- Office
- -
- Now
- 1st Floor
- 500 SF
- Office
- -
- Now
- 1st Floor
- 850 SF
- Office
- -
- Now
| Space | Size | Space Use | Build-Out | Available |
| - | 1,300 SF | Office | - | Now |
| 1st Floor | 500 SF | Office | - | Now |
| 1st Floor | 850 SF | Office | - | Now |
-
| Size |
| 1,300 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Floor
| Size |
| 500 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1st Floor
| Size |
| 850 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
1 1
Fairly walkable
50/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $542,900 | |
| Land Assessment | $320,600 | Total Assessment | $863,500 |
Property Taxes
Parcel Numbers
Land Assessment
$320,600
Improvements Assessment
$542,900
Total Assessment
$863,500
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Stablized Office Complex w/Owner User Option | 529 S Jefferson
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