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3303 Spirit

3303 Spirit Way, Green Bay, WI 54304

Industrial

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About

3303 Spirit is an industrial asset located in the heart of Green Bay, Wisconsin
This asset offers a +/- 7.50-year NNN lease structure with rent escalations every five years, the next one expected to occur approximately two years after closing
The property is occupied by National Packaging Services Corporation (NPS), which has chosen this location as its only manufacturing facility and corporate headquarters. NPS currently employs over 250 people, with more expected growth in the future.
3303 Spirit is strategically located just +/- 5 miles from the Green Bay Austin Straubel International Airport, which is the fourth busiest commercial airport in Wisconsin, providing convenience for transportation and logistics.
The Green Bay, Wisconsin MSA has a population of +/- 315,000 residents and is recognized as one of the strongest manufacturing hubs in the nation. The manufacturing sector accounts for +/- 20% of total employment, which is more than 2x the national average.
As the nation’s No. 1 paper manufacturer, Wisconsin produces $13.8 billion in paper products annually and employs 30,000 people, creating a strong foundation for the manufacturing industry in the state.
The asset is located in a dense industrial corridor surrounded by several major companies, such as FedEx, Schneider National, Truck Equipment Inc., and Green Bay Packaging Inc., among others, making it an ideal investment opportunity for our portfolio.

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Industrial

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157,019

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Green Bay, WI

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1996

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National Packaging Services Corporation

3303 Spirit is an industrial asset located in the heart of Green Bay, Wisconsin occupied by National Packaging Services Corporation (NPS).

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3303 Spirit