For Sale
$1,199,000

1325 Broadway StDe Pere, WI 54115

7,300 SF Office, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
116
This 7,300 square foot, single-story Class A office building in De Pere, Wisconsin, is available for $1,199,000. Built in 2008, this vacant property boasts 17 perimeter offices with abundant natural light, four interior offices, three conference rooms, three bathrooms, a kitchen/break room, a lobby with a waiting area, a filing room, a storage room, and an IT room. The building features 43 parking spaces, high-speed internet, and ADA-accessible features. Two parking areas provide convenient employee and visitor parking. The 1.19-acre lot is zoned B-2 Business and offers excellent curb appeal and high visibility. Located at 1325 S Broadway St, De Pere, WI 54115, this property benefits from a growing neighborhood and is adjacent to a new Starbucks under construction. The estimated annual triple net expenses (NNN) are $4.82 per square foot, totaling approximately $2,932 per month. The pro-forma cap rate is 8.52%, and the pro-forma NOI is $102,200. The price per square foot is $164.25, and the land value is estimated between $300,000 and $400,000 per acre. This fee-simple ownership opportunity presents a strong investment potential for owner-users seeking a stabilized, versatile office space. The property is ideal for various office users, including medical and executive offices.

Highlights

  • 7,300 SF Class A office building in De Pere, WI, available for $1,199,000.
  • High-visibility location with excellent curb appeal in a growing neighborhood, adjacent to a new Starbucks.
  • Built in 2008, the property features 17 perimeter offices, 4 interior offices, 3 conference rooms, 3 bathrooms, kitchen/break room, lobby, filing room, storage room, and IT room.
  • 43 parking spaces, high-speed internet, and ADA accessibility. 1.19-acre lot zoned B-2 Business.
  • Estimated annual NNN expenses: $35,184 ($4.82/SF), pro-forma cap rate: 8.52%, pro-forma NOI: $102,200, price per SF: $164.25.

Property Details for 1325 Broadway St

Property type
Office properties, Medical offices
Square Feet
7,300 SF
Class
A
Year Built
2008
Buildings
1
Stories
1
Lot Size (sq. ft)
51,836 SF
Units
1

Location Insight

City
De Pere
County
Brown
State
Wisconsin
Latitude
44.4297823
Longitude
-88.05672644
1325 Broadway St, De Pere, Wisconsin

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1325 Broadway St
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