Overview

Listing ID:#20182712

Building SF:19,623

Parcel Size:2.27 Acres

Price:Negotiable

Property Type:Industrial

Date Available:Now

Sub-Type: Warehouse, Showroom, Self-Storage, New Construction, Manufacturing, Lab, Fully Built-out, Flex, Distribution

04-08-2025 OfferingMemoradndom.pdf

High-Quality Net-Leased Flex Asset

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.

Financial Information

Gross Income:$399,600

Net Op. Income:$399,600

Cap Rate:7.30%

Current Tenants:1

Percent Leased:100%

Real Estate Taxes:$6,712

Tax Year:2025

Building Details

Building Type:Stand Alone

Building Status:Existing

Year Built:2025

Current Use:New Tech Painting

Number of Floors:2

Number of Units:1

Number of Offices:4

Number of Restrooms:3

Zoning:Planned Business Development

Outside Parking:Yes

Outside Parking per 1,000 sf:1

Inside Parking:Yes

Inside Parking per 1,000 sf:2

Parcel Front Dim.:303 ft

Parcel Side Dim.:330 ft

Municipal Sewer:Yes

Municipal Water:Yes

Drive Doors:Yes

Sprinklers:Yes

DSL:Yes

ADA Compliant:Yes

Other Information:3 Phase Electric

Building Amenities

Break Room:Yes

Lounge:Yes

Conference Room:Yes

Reception Area:Yes

Links

Virtual Tour

Contact Listing Agent

David Baehr

608-834-2613
608-213-6686
Email

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