645 Sandpiper Trail Active Save Request In-Person Tour Request Virtual Tour
Cottage Grove,WI 53527
Key Details
Property Type Commercial
Sub Type Retail,Office,Service,Manufacturing,Warehouse,Industrial,Automotive
Listing Status Active
Purchase Type For Sale
Square Footage 19,623 sqft
Price per Sqft $280
MLS Listing ID 1994628
Year Built 2024
Annual Tax Amount $6,712
Tax Year 2025
Lot Size 2.270 Acres
Acres 2.27
Property Sub-Type Retail,Office,Service,Manufacturing,Warehouse,Industrial,Automotive
Property Description
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.
Location
State WI
County Dane
Area Cottage Grove - V
Zoning PB
Direction Northwest Corner of Cottage Grove Rd and Sandpiper Trl
Rooms
Basement Poured concrete foundatn,Slab/None
Interior
Heating Forced air,Central air,Zoned heating
Cooling Forced air,Central air,Zoned heating
Exterior
Parking Features 36-55 spaces,Onsite,Paved
Roof Type Rubber/membrane
Building
Story 2
Water Municipal water,Municipal sewer
Structure Type Steel
Others
SqFt Source Blue Print
Energy Description Natural gas
Acceptable Financing Seller may assist
Listing Terms Seller may assist
Virtual Tour https://my.matterport.com/show/?m=hzxg2WBnh2R