4647 Highway 138/Highway 14 Active

Oregon,WI 53575

$ 11900000

- Bed

- Bath

80600 SqFt


Key Details

Property Type Commercial

Sub Type Retail,Office,Manufacturing,Warehouse,Vacant land,Self storage

Listing Status Active

Purchase Type For Sale

Square Footage 80,600 sqft

Price per Sqft $147

MLS Listing ID 1981330

Year Built 2022

Annual Tax Amount $38,122

Tax Year 2023

Lot Size 18.000 Acres

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

Interior

Heating Heat pump,Central air

Cooling Heat pump,Central air

Exterior

Garage 56 or more spaces

Roof Type Metal

Building

Story 1

Water Well,Non-Municipal/Prvt dispos

Structure Type Brick,Steel,Steel Frame

Others

Acceptable Financing Seller may assist

Listing Terms Seller may assist

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