Overview

Listing ID:#20196012

Building SF:31,678

Parcel Size:87,786 SF

Price:$2,450,000

Building PSF:$77.34

Property Type:Office

Date Available:Now

Description

Cornerstone is an established, multi-tenant office building at the entrance of the Sun Prairie Industrial Park, off Exit 103 on US Hwy 151. The two-story building (plus partial lower level) offers flexible suite configurations across 24,940 leasable SF, with a large lobby, shared conference room, three-stop elevator, and tenant storage. A new roof, paved lot, and updated mechanical systems make this a low-deferred-maintenance acquisition.

Financial Information

Gross Income:$426,270

Total Expenses:$220,858

Net Op. Income:$416,969

Cap Rate:8.00%

Real Estate Taxes:$55,000

Tax Year:2025

Building Details

Building Type:Multi-Tenant

Building Status:Existing

Year Built:1993

Year Renovated:2006

Zoning:SI

Outside Parking:Yes

Outside Parking per 1,000 sf:3

Building Amenities

Break Room:Yes

Conference Room:Yes

Elevator:Yes

Contact Listing Agent

Lina Schultz

608-729-1809

Aimee Bauman CCIM

608-729-1801
608-698-0105

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