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1511 W Main Ave

19,722 SF 100% Leased Office Building De Pere, WI 54115 £1,956,125 (£99/SF) 9.56% Net Initial Yield

Investment Highlights

  • Highway Nearby
  • Great curb appeal
  • Business District

Executive Summary

Fully leased single story office space in the Ashwaubenon Business Park. Interior space provides several open collaboration areas, private rest rooms, and multiple offices throughout. Featuring quality masonry construction and great curb appeal, the exterior provides 70 parking spaces and separate entrances to each unit. Situated on more than 8 acres, this convenient location provides quick access to both Interstate Highway 41 and the Austin Straubel International Airport. Annual rental income exceeds $239,000 NNN. Copies of leases and P&L's are available to qualified buyers upon request.

Attachments

1511 W Main Ave - Spec Sheet
2024 1511 W Main Ave - Spec Sheet
A - 1511 W Main and Associated Parcels ESA

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
19,722 SF
Building Class
B
Year Built
2002
Price
£1,956,125
Price Per SF
£99
Net Initial Yield
9.56%
NOI
£187,006
Percent Leased
100%
Tenancy
Multiple
Number of Floors
1
Typical Floor Size
18,000 SF
Building FAR
0.03
Lot Size
17.56 AC
Zoning
G2 - Commercial
Parking
70 Spaces (3.89 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Central Heating
  • Yard
  • Air Conditioning
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1511 W Main Ave, De Pere, WI - Site plan Image

PROPERTY TAXES

Parcel Numbers
Multiple
  • VA-843
  • VA-841
 Improvements Assessment £1,558,152
Land Assessment £281,839 Total Assessment £1,839,991

PROPERTY TAXES

Parcel Numbers
Multiple
  • VA-843
  • VA-841
Land Assessment
£281,839
Improvements Assessment
£1,558,152
Total Assessment
£1,839,991
(920) 328-7885

Contact

  • Listing ID: 29167898

  • Date on Market: 02/08/2023

  • Last Updated:

  • Address: 1511 W Main Ave, De Pere, WI 54115

The Office Property at 1511 W Main Ave, De Pere, WI 54115 is currently available for sale. Contact Seidl & Associates for more information.

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1511 W Main Ave, De Pere, WI for sale Building Photo- Image 1 of 9
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1511 W Main Ave, De Pere, WI for sale Building Photo- Image 7 of 9
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1511 W Main Ave, De Pere, WI for sale Site Plan- Image 8 of 9
1511 W Main Ave Floor Plan

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© 2024 CoStar Group

1511 W Main Ave
(920) 328-7885 x

1511 W Main Ave

Joe Moore

(920) 328-7885

(920) 328-7885

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