900 Isbell St - Medical FOR SALE


Green Bay, WI 54303- Central Green Bay
$5,826,000 USD
913-669-6422
900 Isbell St, Green Bay, WI for Sale
$5,826,000 USD
Medical - FOR SALE
1/6
null | 6.5% Cap Rate

900 Isbell St
Green Bay, WI 54303
Central Green Bay


HIGHLIGHTS

  • Seasoned tenancy and long remaining term with tenant’s recent lease extension
  • Best-in-class investment-grade tenant
  • Strategically located on major retail corridor
  • Global plasma demand far outweighs supply
  • Plasma Collection Centers are Incredibly Sticky
  • Green Bay ranked the #1 Best Place to Live in the U.S. - U.S. News and World Report

OVERVIEW

Pegasus Investments Real Estate Advisory and ParaSell, Inc., as exclusive representatives for the Seller, are pleased to offer investors the opportunity to acquire the fee-simple interest in a long-term, net-leased medical property tenanted by one of the largest pharmaceutical companies in the world, Takeda Pharmaceutical Company, Ltd. (NYSE:TAK), located in Green Bay, Wisconsin (“the Property”). Originally constructed as a ground-up, build-to-suit facility for BioLife Plasma Services, a subsidiary of Takeda, in 2013, the Property has been operating continuously for over a decade. In a strong display of long-term commitment, the tenant recently executed a lease extension, a favorable signal that this location performs exceptionally well. With Takeda as the lease guarantor and a long-term lease in place, investors are offered a stable, high-credit income stream from a seasoned operator at a top-performing location ranked in the top 13% nationally by Placer.ai. BioLife Plasma Services is a subsidiary of Takeda, Japan’s largest pharmaceutical company and one of the top 10 globally, with $31.3 billion in annual revenue and investment-grade credit ratings from both Moody’s: Baa1 and S&P: BBB+. BioLife operates over 270 high-tech plasma centers across the US and Europe, supplying essential plasma-derived therapies used to treat rare and serious diseases. The collection center at this Property benefits from a large and loyal donor base, driven in part by the site’s close proximity to several higher education institutions, including Northeast Wisconsin Technical College and University of Wisconsin–Green Bay, which together contribute to a student population exceeding 30,000. The specialized nature of these facilities, requiring costly medical-grade buildouts and stringent FDA licensing, makes plasma centers extremely “sticky” assets that rarely relocate or close. Strategically positioned along a major retail corridor on Highway 54 and just off US 41, the Property is surrounded by high-traffic neighbors, including Walmart (ranked in the top 12% of locations nationally), Sam’s Club, and Oneida Casino. The 3.12-acre parcel provides ample parking and flexibility for future operational needs. Beyond the tenant and real estate fundamentals, Green Bay itself has been recognized as the #1 Best Place to Live in the US for 2024, supported by affordable living, a strong job market, and a strong educational infrastructure. As global demand for plasma-derived therapies continues to significantly outpace supply, and with high barriers to entry in the sector, this offering presents a rare opportunity to acquire an irreplaceable medical asset with long-term cash flow, credit tenancy, and recession-resilient demand drivers in a top-performing Midwest market.

FOR SALE DETAILS

PRICE

$5,826,000 USD

PRICE/SF

$348 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

BioLife Plasma Services

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

152

LAND DETAILS

LAND ACRES

3.12 AC

LAND SF

135,907 SF

ZONING

BP: Business Park

APN/PARCEL ID

6H-1764

ASK ABOUT THIS PROPERTY

Katherine WeaverPegasus InvestmentsMore Info
913-669-6422

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Katherine WeaverPegasus InvestmentsMore Info
913-669-6422

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