1671 Hoffman Road

Retail-Commercial for Sale
Catylist Listing ID: 30048651
Property Subtypes: Free-Standing Building
Building Size (RSF): 35,820 SF
Gross Land Area: 2.68 Acres
Sale Price: $1,699,000
Unit Price: $47.43 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: Millenium Park
Usable Size (USF): 34,635 SF
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 11/2/2017

Overview / Comments

Prime Commercial Strip Center at 1671 Hoffman Road in the Village of Bellevue which is a part of a development that includes hotel, restaurants and retail uses. This is a highly visible strip center with possible multiple tenants located in Millenium Park. Constructed in 2007 and is 20% occupied with a value added 29,000 SF still vacant for the perfect tenant.

Current Tenants

Tenant Business Name Plae Bistro
Industry Type Other Services
Is Renting? Yes
Year Founded 2007
SF of Space Occupied 6,798 SF
Current Rent $4,233 PSF (Annual)

Additional Details

Nearest MSA: Green Bay
County: Brown
Taxing Authority: Village of Bellevue
Tax ID/APN: B-1725
Zoning: B-1, B-2, B-3
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: Hoffman Road and Development Drive
Property Visibility: Excellent
Largest Nearby Street: Hwy 172
Traffic/Vehicle Count: 52,000
Highway Access: Great access to Hwy 172 and County Road GV.
Airports: 8 miles from Austin Straubel Airport via Hwy 172
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2007
Roof Type: Other
Construction/Siding: Brick
Total Parking Spaces: 90
Parking Type: Surface
Parking Description: On site parking
Sprinklers: Wet
Heat Type: Natural Gas
Heat Source: Other
Air Conditioning: Engineered System
Internet Access: DSL
Part of Planned Development?: Yes
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,139 56,739 148,879
Median Age: 38.61 36.61 35.82
Households: 1,855 22,724 59,952
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