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Listed by Bunbury & Assoc, REALTORS
$ 10,475,000
Est. payment /mo
Price Dropped by $1.4M
4645 Highway 138/Highway 14 Oregon, WI 53575
80,600 SqFt
UPDATED:
12/19/2024 02:06 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 80,600 sqft
Price per Sqft $129
Municipality RUTLAND
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
Zoning HC
Rooms
Basement None, None / Slab, Poured Concrete
Interior
Heating Electric, Lp Gas
Cooling Heat Pump, Central Air
Exterior
Roof Type Metal
Building
Dwelling Type Free Standing
Sewer Well
New Construction N
Others
Acceptable Financing Seller May Assist
Listing Terms Seller May Assist
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