2128 University AveGreen Bay, WI 54302

  • Commercial land
  • 0.53 AC
For Sale
$1,500,000 View listing

Property Details for 2128 University Ave

Lot size
0.53 AC
Property type
Commercial land
APN
21 2221-1
APU
2122211

Description

This exceptional investment opportunity presents a brand-new, 1,365-square-foot Pizza Hut restaurant in Green Bay, Wisconsin. Built in 2024, this single-tenant property boasts a 15-year absolute NNN lease, ensuring minimal landlord responsibilities. The property enjoys a 100% occupancy rate and generates a strong net operating income (NOI) of $90,000, translating to a 6.00% cap rate. Located at 2128 University Ave, Green Bay, WI 54302, on a 0.53-acre lot, this QSR benefits from a highly visible location with excellent curb appeal and convenient drive-thru access. The property's strategic placement near the intersection of University Avenue and N Danz Avenue, an area with approximately 21,300 vehicles per day, ensures consistent customer traffic. The asking price is $1,500,000, representing a price per square foot of $1,098.90. This is a rare chance to acquire a low-maintenance, high-return investment in a necessity-based business with a long-term lease, offering significant potential for passive income and appreciation. The property is situated in Brown County, Wisconsin, and its prime location within a high-traffic retail corridor guarantees strong performance for years to come. This is a turnkey investment ideal for those seeking a stable and profitable addition to their portfolio.

2128 University Ave, Green Bay, Wisconsin
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Location Insight

City
Green Bay
County
Brown
State
Wisconsin
Latitude
44.5126
Longitude
-87.969
CBSA code
24580
CBSA name
GREEN BAY, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,641
$240,000
-
$240,000
-
-
-
$270,100

FAQs

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