645 Sandpiper Trail, Cottage Grove, WI 53527
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645 Sandpiper Trail, Cottage Grove, WI 53527,Video Tour
645 Sandpiper Trail, Cottage Grove, WI 53527
645 Sandpiper Trail, Cottage Grove, WI 53527
645 Sandpiper Trail, Cottage Grove, WI 53527
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645 Sandpiper Trail Cottage Grove, WI 53527

19,623 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail,Office(s),Warehouse,Service

Listing Status Active

Purchase Type For Sale

Square Footage 19,623 sqft

Price per Sqft $249

MLS Listing ID 2025939

Year Built 2024

Annual Tax Amount $37,895

Tax Year 2025

Lot Size 2.270 Acres

Acres 2.27

Property Sub-Type Retail,Office(s),Warehouse,Service

Property Description

Exceptional owner-user or investment opportunity to acquire a brand-new, 19,622 SF Class-A flex complex at 645 Sandpiper Trail in rapidly growing Cottage Grove. Offered well below replacement cost, this modern facility accommodates retail, office, showroom, and warehouse needs. Majority of the 18,147 SF main building will be delivered vacant upon acquisition, providing a pristine canvas for an owner-occupant or an investor looking to lease at market rates in the expanding Madison economic hub. Adding incredible value is a separate, fully built-out 1,475 SF detached building featuring rental units that are 100% leased, providing immediate passive income to offset carrying costs from day one. Boasting new construction and low maintenance, this premier asset is positioned for long-term appreciation. Note: Advertised financials are pro forma, trading at a proposed 9.3% cap rate based on the partially vacant main building being leased at $19.50/SF NNN.

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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645 Sandpiper Trail