Shopping Centers in Green Bay, Wisconsin, offer a unique investment opportunity for those looking to capitalize on the city's strong economy and growing population. With a median household income of $52,214, Green Bay provides a stable consumer base for shopping centers. These properties can represent a diverse range of investments, from strip centers and community shopping centers to power centers and regional malls. Green Bay's strategic location at the head of Green Bay, a sub-basin of Lake Michigan, and its proximity to major transportation facilities, including the Green Bay Austin Straubel International Airport and the Port of Green Bay, make it an attractive location for shopping centers. The city's amenities, such as Lambeau Field, Bellin Hospital, and the Green Bay Botanical Garden, also contribute to its appeal. Additionally, the city's educational institutions, including Northeast Wisconsin Technical College, provide a skilled workforce, making it an ideal location for businesses.
With 2 shopping centers for sale in Green Bay, investors have a range of options to choose from. The average price per square foot for shopping centers in Green Bay is $169 USD, with an average size of 17,615 square feet. The largest shopping center available is 20,155 square feet, offering ample space for a variety of retailers. In addition to shopping centers, Green Bay also offers a range of other property types, including restaurants, specialty properties, land, and office properties. Restaurants in Green Bay can capitalize on the city's strong tourism industry, which is driven by attractions like Lambeau Field and the National Railroad Museum. Specialty properties, such as those in the Broadway District, can benefit from the area's unique character and charm. Land and office properties in Green Bay can take advantage of the city's growing economy and strong workforce. Overall, Green Bay offers a diverse range of investment opportunities for those looking to capitalize on its strong economy and growing population.
What is the average cap rate for shopping centers in Green Bay?
For investors seeking to capitalize on the retail market in Green Bay, Wisconsin, the average cap rate for shopping centers in this city is 7%, offering a promising return on investment amidst a diverse economy driven by the paper and meatpacking industries.
