2390 E Mason St - Storefront FOR SALE


Green Bay, WI 54302
$3,068,828 USD
847-562-9280
2390 E Mason St, Green Bay, WI for Sale
$3,068,828 USD
Storefront - FOR SALE
1/12
null | 7% Cap Rate

2390 E Mason St
Green Bay, WI 54302


HIGHLIGHTS

  • New 10-year lease extension through 2036
  • Significant property improvements planned for Spring 2025 ($500,000+)
  • Established operating history since 2001
  • East Town Shopping Center location with co-tenants ALDI, Kohl’s, Marshalls, Bath & Body Works, Hobby Lobby, Ross, Five Below, Rogan’s Shoes (Shoe Car
  • Average household income within five miles is $85,919
  • Over 122,000 people live within a five-mile radius

OVERVIEW

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Petco located in Green Bay, Wisconsin. Petco has been successfully operating at this location since 2001 and recently signed a 10-year lease extension through 2036. The subject lease features rental escalations every five years throughout the remaining primary term and two 5-year renewal options. It is also worth noting that there are over $500,000 in exterior & interior improvements planned for Spring 2025. The 15,075-square-foot building is strategically positioned within East Town Shopping Center, a dynamic retail hub anchored by nationally recognized brands. Since 2022, East Town has further enhanced its appeal by attracting new tenants, including Burlington, Five Below, Hallmark, Planet Fitness, Chipotle, Biggby Coffee, and a newly renovated Hobby Lobby. The center is also home to ALDI, Kohl’s, Marshalls, Bath & Body Works, Ross, and Rogan’s Shoes (Shoe Carnival), reinforcing its status as a premier shopping destination. Additionally, the shopping center is located along East Mason Street, which serves over 28,800 vehicles per day. The property is also within proximity to two of Green Bay’s major thoroughfares: Interstate 43 (45,200 VPD) and US-141 (18,700 VPD). There are 122,444 people living within a five-mile radius of the property, with an average household income of $85,919. Petco Health and Wellness Company, Inc. (NASDAQ: WOOF) is a leading pet health and wellness company focused on improving the lives of pets, pet parents, and the communities they serve. Founded in 1965 and headquartered in San Diego, California, Petco operates a nationwide network of retail locations, e-commerce platforms, and comprehensive pet care services, offering a one-stop shop for pet essentials, grooming, training, and veterinary care. Through its network of over 1,500 locations across the U.S., Mexico, and Puerto Rico, Petco continues to expand its presence in the rapidly growing pet industry.

FOR SALE DETAILS

PRICE

$3,068,828 USD

PRICE/SF

$204 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Petco

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

B

APN/PARCEL ID

21-126-3

ASK ABOUT THIS PROPERTY

John FeeneyThe Boulder GroupMore Info
847-562-9280

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John FeeneyThe Boulder GroupMore Info
847-562-9280

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.