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Additional details
Listed by David Baehr • American, REALTORS
$5,500,000
Est. payment /mo
19,623 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 19,623 sqft
Price per Sqft $280
Municipality COTTAGE GROVE
MLS Listing ID 1994628
Year Built 2024
Annual Tax Amount $6,712
Tax Year 2025
Lot Size 2.270 Acres
Acres 2.27
Property Description
Exceptional investment opportunity to acquire a brand-new 19,623 SF flex complex in the heart of rapidly growing Cottage Grove. This modern, state-of-the-art property is designed for maximum versatility?retail, office, and warehouse?and is strategically located in the expanding Madison economic hub, offering excellent visibility, accessibility, and long-term appreciation potential. The property is secured by New Tech, a high-quality, reputable tenant under a 10-year lease with 2% annual rent increases, delivering a 7.3% cap rate and reliable cash flow. Combining new construction with a strong tenant commitment, this asset offers investors a secure, low-maintenance property positioned for both immediate income and sustained growth in a thriving market.
Location
State WI
County Dane
Zoning PB
Rooms
Basement None, None / Slab, Poured Concrete
Interior
Heating Natural Gas
Cooling Forced Air, Central Air, Zoned Heating
Exterior
Utilities Available High Speed Internet Available
Roof Type Rubber/Membrane
Building
Story 2
Sewer Municipal Water, Municipal Sewer
New Construction N
Others
Acceptable Financing Seller May Assist
Listing Terms Seller May Assist
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