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Property Detail

Pilgrim Way
Situated in a bustling Green Bay locale, The Arboretum at 700 Pilgrim Way is a 218,323-square-foot .
$12,250,000

Description

Situated in a bustling Green Bay locale, The Arboretum at 700 Pilgrim Way is a 218,323-square-foot office and retail property on a 33-acre site near Lambeau Field. This three-story, mixed-use building was improved by $3.8 million in renovations in 2022 and 2024, including interior and exterior improvements and a 10-year roof warranty. The Arboretum comprises efficient floor plates with large open rooms, private offices, and a kitchen area with a dining hall, and is home to long-term tenants Ayres Associates Inc. and Shopko Optical. The property features modern finishes and skylights allowing abundant natural light.

Investors will benefit from recent property improvements, the existing cash flow from current credit tenants with long-term leases, and immense value-added potential through further redevelopment of the 33-acre site. 700 Pilgram Way is the largest developable parcel in proximity to Titletown, Research Center, and Bay Park Mall. A total of 12 outlot opportunities are available in this desirable mixed-use setting, boasting B-3 District zoning, which permits multifamily, office, hotel, retail, research & development, or a mixed-use combination.

The Arboretum sits in the heart of a robust commercial collective, providing unmatched access to an array of neighborhood conveniences. The property is prominently positioned across from Simon Mall and Bay Park Square and a few blocks from Lambeau Field, Titletown, Research Center, and more. Interstates 43 and 41 make this part of Wisconsin extremely accessible, and employees, residents, and visitors alike appreciate the direct access to the Green Bay Austin Straubel International Airport.

Green Bay is unique in its sense of comradery, thanks to Lambeau Field, home of the Green Bay Packers, positioned at its core. The City of Green Bay is at the southernmost point of the Green Bay, branching off from Lake Michigan. This lively suburb features everything from waterfront views and sporting events to wooded suburban streets and wildlife refuges.
 

The Arboretum

Listing ID : 00707

SKU: 707

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Price History

DateEventPrice
December 6 2024Listed$12,250,000.00