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Shopping Strip

Starbucks Retail Strip

2230 Main St, Green Bay, WI 54302

Listing Price: $2,932,000

Cap Rate
6.00%
Rentable SF
6,025
Lot Size
1.00 acres
Year Built
2018

Investment Overview

Marcus & Millichap is proud to offer for sale fee simple ownership of the Starbucks Anchored Retail Center along Main Street in Green Bay, WI. The center is 100% occupied with national tenants Starbucks, US Cellular and ATI Physical Therapy, all of whom operate on NNN leases providing a passive investment opportunity for an out of state investor. Built in 2018, the 6,025 SF building is situated on 1 acre and positioned at a four-way signalized intersection across from the revamped East Town Mall. The property benefits from excellent exposure to traffic with 17,800 vehicles passing per day. Starbucks, equipped with a drive-thru, relocated to this location from across the street and per Placer.ai, exceeds 251,000 customer visits over the last 12 months (68th percentile in the state).

Investment Highlights

  • 100% Occupied Three Tenant Retail Center – Newer 2018 Construction, 1 Acre Parcel at Four-Way Signalized Intersection Providing Excellent Exposure to 17,800 VPD
  • Diversified National Tenant Mix – Starbucks, US Cellular and ATI Physical Therapy
  • Starbucks is Equipped With Drive Thru and Relocated From Across the Street in 2018 – Placer.ai Reports The Location Exceeded 251,000 Customer Visits Over the Last Year (68th Percentile in Wisconsin)

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s) WI: 56163-90

    Wisconsin

Shopping Strip

Starbucks Retail Strip

Listing Price: $2,932,000

Cap Rate
6.00%
Rentable SF
6,025
Lot Size
1.00 acres
Year Built
2018

Investment Highlights

  • 100% Occupied Three Tenant Retail Center – Newer 2018 Construction, 1 Acre Parcel at Four-Way Signalized Intersection Providing Excellent Exposure to 17,800 VPD
  • Diversified National Tenant Mix – Starbucks, US Cellular and ATI Physical Therapy
  • Starbucks is Equipped With Drive Thru and Relocated From Across the Street in 2018 – Placer.ai Reports The Location Exceeded 251,000 Customer Visits Over the Last Year (68th Percentile in Wisconsin)

Investment Overview

Marcus & Millichap is proud to offer for sale fee simple ownership of the Starbucks Anchored Retail Center along Main Street in Green Bay, WI. The center is 100% occupied with national tenants Starbucks, US Cellular and ATI Physical Therapy, all of whom operate on NNN leases providing a passive investment opportunity for an out of state investor. Built in 2018, the 6,025 SF building is situated on 1 acre and positioned at a four-way signalized intersection across from the revamped East Town Mall. The property benefits from excellent exposure to traffic with 17,800 vehicles passing per day. Starbucks, equipped with a drive-thru, relocated to this location from across the street and per Placer.ai, exceeds 251,000 customer visits over the last 12 months (68th percentile in the state).

Exclusively Listed By

Broker of Record

  • Todd Lindblom

    First Vice President/Regional Manager

    (262) 364-1900

    License(s): WI: 56163-90

    Wisconsin

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