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645 Sandpiper Trail Cottage Grove, WI 53527 Commercial - Office Active

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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.

Property Highlights

Property Type: Commercial - Office
Year Built: 2024

General Information

County: Dane
Listed By:
American, REALTORS 608-834-2600
SCWMLS
$4,900,000
Est. $32,704/mo

Listing Courtesy of: American, REALTORS
Agency Phone: 608-834-2600
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Active
SQUARE FEET19,623 MLS#2025939
STATUSActive PROPERTY TYPECommercial - Office

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Ruhl&Ruhl Realtors
563.441.1776

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645 Sandpiper Trail, Cottage Grove, WI 53527.

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Loan Type FHA 30 Year Fixed30 yr Jumbo
Purchase Price $4,900,000$4,900,000
Down Payment $171,500$980,000
Monthly Mortgage Amount $29,234$24,456
Taxes $6819$6819
Insurance $100$100
HOA/Dues/Fees $0$0
Monthly Mortage Insurance $2,939$0
Monthly Estimated Total $40,421$32,704

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