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700 Pilgrim Way
Green Bay, WI 54304

$12,250,000 USD

Loft Creative Space For Sale • 218,323 SF

Property Details

Property Type Loft Creative Space
Total Building Size 218,323 SF
Lot Size 33.43 AC
Building Class B
Year Built 1987
Tenancy Multiple
Zoning B-3

20 Transit Score

49 Walk Score

                
                    Highlights
                
                                Seller financing is available at 3.75%. Projected 2024 NOI is $4.4 million. (Tenants and Outlot Sales).
                            
                                12 outlot pad sites are available for value-add upside, zoned B-3 District, permitting multifamily, office, hotel, retail, R&D, and mixed-use combo.
                            
                                Benefit from credit tenants with long-term leases in place and $2.3 million in improvements completed in 2022 to 2023 to the property.
                            
                                Situated in a booming Green Bay locale near Lambeau Field, across from Simon Mall, Bay Park Square, and a few blocks from Titletown and Resch Center.
                            
                                The Arboretum offers the unique opportunity to own a 218,323-square-foot mixed-use structure on a 33-acre site with incredible development potential. 
                            
                                Significant property for the NFL Draft taking place in Green Bay 2025 where multiple uses are possible for this large event.