Starbucks | Green Bay | 6.25% CAP
$1,810,560
1567 East Mason Street, Green Bay, WI 54302
113,160
NOI
2,460 sqft
Building Size
Details:
Highlights:
- Corporate Starbucks Lease – Guaranteed by Starbucks Corporation (NASDAQ: SBUX; BBB+/Baa1).
- 10-Year Term with four (4) 5-year renewal options and $2.00 PSF rent increases every 5 years.
- Strong Retail Corridor – Located along East Mason Street (22,500 VPD), surrounded by Menards, Festival Foods, Walgreens, and Aldi.
- Proximity to Bellin Health – Less than one mile from Bellin Health Hospital & Clinics, a major regional employer with 5,000+ employees.
- Drive-Thru Equipped – Modern, high-volume configuration consistent with Starbucks’ national prototype.
Description:
Mid-America Real Estate is pleased to present the opportunity to acquire a 2,460-square-foot, freestanding Starbucks located at 1567 E. Mason Street in Green Bay, Wisconsin. The property features a corporate-guaranteed lease with Starbucks Corporation and is strategically positioned along one of Green Bay’s most heavily trafficked retail corridors.
Surrounded by major national retailers including Menards, Festival Foods, Walgreens, Aldi, and Home Depot, the site benefits from excellent visibility, a drive-thru, and immediate access to dense residential neighborhoods. East Mason Street serves as a key east-west artery connecting downtown Green Bay with I-43, seeing 22,500+ vehicles per day.
The asset is located less than one mile from Bellin Health Hospital, a leading regional medical provider and one of Green Bay’s largest employers, generating consistent daily traffic and strong daytime demographics. With over 151,000 residents within a five-mile radius and average household incomes of $87,973, this Starbucks is ideally positioned for long-term stability and sustained retail demand.
Documents:
| Title | ||
|---|---|---|
|
Starbucks_East_Mason_Street_Offering_Memorandum.pdf
|
Location
Gallery