Bought with Bunbury & Assoc, REALTORS
$10,200,000
$10,475,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
80,600 SqFt
SOLD DATE : 05/01/2025
Key Details
Sold Price $10,200,000
Property Type Commercial
Sub Type Retail,Office,Manufacturing,Warehouse,Vacant land,Self storage
Listing Status Sold
Purchase Type For Sale
Square Footage 80,600 sqft
Price per Sqft $126
MLS Listing ID 1981330
Sold Date 05/01/25
Year Built 2022
Annual Tax Amount $38,122
Tax Year 2023
Lot Size 18.000 Acres
Acres 18.0
Property Sub-Type Retail,Office,Manufacturing,Warehouse,Vacant land,Self storage
Property Description
This prime 18-acre real estate asset, developed from 2022 to 2024, features two state-of-the-art buildings: a 21,000 sq. ft. retail and manufacturing facility with a clean room and all the new technology available, and a 21,000 sq. ft. food manufacturing space, both under NNN leases with 3% escalations. Additionally, there are 46 outdoor parking spaces and 36,800 sq. ft. of mini and RV storage units, which are already at 80% occupancy. Located at the crossroads of Hwy 14 & Hwy 138, this property offers 3-4 acres for future expansion and currently boasts an 8.25% cap rate, with potential for further improvement as the storage units fill.
Location
State WI
County Dane
Area Rutland - T
Zoning HC
Direction Hwy 14 S exit to R on Hwy 138, East 1/4 mile driveway on Right.
Rooms
Basement Slab/None, Poured concrete foundatn
Interior
Heating Heat pump, Central air
Cooling Heat pump, Central air
Exterior
Parking Features 56 or more spaces
Roof Type Metal
Building
Story 1
Water Well, Non-Municipal/Prvt dispos
Structure Type Brick,Steel,Steel Frame
Others
SqFt Source Blue Print
Energy Description Electric,Liquid propane
Acceptable Financing Seller may assist
Listing Terms Seller may assist
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
This information, provided by seller, listing broker, and other parties, may not have been verified.
Copyright 2025 South Central Wisconsin MLS Corporation. All rights reserved
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "