1325 Broadway StDe Pere, WI 54115

Property Details for 1325 Broadway St

Year built

2008

Lot size

1.19 AC

Property size (Sq ft)

7,300 SF

Property type

Healthcare properties

Property subtype

Other office properties

Description

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.

Location Insight

City

De Pere

County

Brown

State

Wisconsin

Latitude

44.4298

Longitude

-88.0567

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