1221 Grant StDe Pere, WI 54115

For Sale
Call for price

De Pere, WI: Prime Retail Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional retail property, located at 1221 Grant St in De Pere, Wisconsin, offers 22,496 square feet across three separate buildings on a 0.75-4 acre lot. Built in 1987, this Class A property boasts a 100% occupancy rate with an 8-year remaining lease under a NNN lease structure. The property is situated on a high-traffic corner, benefiting from visibility from Interstate 41 (67,000 cars daily), Grant Street (9,300 cars daily), and Lawrence Drive (10,100 cars daily). Currently occupied by a farmers cooperative since its construction, the property's permitted commercial zoning allows for a wide range of uses, including fast food, retail, service-oriented businesses, medical facilities, restaurants, and more. The property's location within the Green Bay MSA and thriving demographics make it an attractive investment opportunity. A drive-through is permitted under the new zoning code. The fee-simple ownership and 5.00% cap rate further enhance its investment appeal. The seller will consider subdividing the 4-acre parcel. This is a unique opportunity to acquire a high-visibility, high-traffic retail property in a desirable location. The APN is WD-D0217-1. The sale is structured for a 1031 exchange.

Highlights

  • Green Bay MSA location.
  • Strong demographics driving demand.
  • High traffic count: 67,000 vehicles daily on I-41 (highway visibility).
  • Excellent corner visibility with 9,300 vehicles daily on Grant Street.
  • High visibility corner lot with 10,100 vehicles daily on Lawrence Drive.

Property Details for 1221 Grant St

Property type
Other retail properties, Restaurants
Square Feet
22,496 SF
Class
A
Year Built
1987
Stories
1
Lot Size (sq. ft)
32,670 SF

Location Insight

City
De Pere
County
Brown
State
Wisconsin
Latitude
44.445067394709
Longitude
-88.093140160417
1221 Grant St, De Pere, Wisconsin

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1221 Grant St
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