Overview

Description

The subject property is prominently situated with excellent access along Monroe Road (20,900 AADT) adjacent to its junction with WI-172 (60,600 AADT). The site benefits from robust demographics with a total daytime population of 145,632 within a 5 mile radius and an annual population growth rate of 1.21% within 1 mile of the site. Average household income within a 3 mile radius is $84,395.

The property benefits from a prominent retail location in close proximity to shopping centers and major retail tenants. Nearby retail centers include a Target & Pick ‘n Save anchored center; East Town Shopping Center, featuring Kohls, Hobby Lobby, ALDI, & Ross; Bay Park Center, anchored by Kohls; Village at Bay Park, anchored by JC Penney; Green Bay Plaza, anchored by TJ Maxx and Homegoods; and more. Other major retail tenants in the surrounding area include Costco, Walmart Supercenter, Festival Foods, CVS, Walgreens, and Harbor Freight Tools.

In addition, the property is located approximately 5 miles from St. Norbert College, with a student body of 1,867, and approximately 8 miles from the University of Wisconsin – Green Bay, with 8,370 students enrolled. The property is located approximately 5 miles from Aurora Baycare Medical Center, a 167-bed hospital and one of the county’s largest employers. The site is also located approximately 8 miles from Green Bay International Airport.

This property is listed in conjunction with Wisconsin-licensed real estate broker Compass Management Services.

Highlights

• Long Term NNN Lease to Arby’s with 11 Years Remaining and Scheduled 5% Rental Escalations Every 5 Years and at Options
• Lease Entity is 2nd-Largest Arby’s Franchisee, with 97+ Locations Across Midwest
• New Highly Functional Construction Featuring Drive-Thru Component
• Sustainable Below Market Rent
• Excellent Access and Visibility Adjacent to Junction of Monroe Road & WI-172 - Combined AADT of 81,500
• 6 Miles from Lambeau Field and 8 Miles from University of Wisconsin – Green Bay (8,370 Students)

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