4645 Highway 138/Highway 14 Save Request In-Person Tour Request Virtual Tour
Oregon,WI 53575
Key Details
Sold Price $10,200,000
Property Type Commercial
Sub Type Retail,Office,Manufacturing,Warehouse,Vacant land,Self storage
Listing Status Sold
Purchase Type For Sale
Square Footage 80,600 sqft
Price per Sqft $126
MLS Listing ID 1981330
Sold Date
Year Built 2022
Annual Tax Amount $38,122
Tax Year 2023
Lot Size 18.000 Acres
Acres 18.0
Property Sub-Type Retail,Office,Manufacturing,Warehouse,Vacant land,Self storage
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
Area Rutland - T
Zoning HC
Direction Hwy 14 S exit to R on Hwy 138, East 1/4 mile driveway on Right.
Rooms
Basement Slab/None,Poured concrete foundatn
Interior
Heating Heat pump,Central air
Cooling Heat pump,Central air
Exterior
Parking Features 56 or more spaces
Roof Type Metal
Building
Story 1
Water Well,Non-Municipal/Prvt dispos
Structure Type Brick,Steel,Steel Frame
Others
SqFt Source Blue Print
Energy Description Electric,Liquid propane
Acceptable Financing Seller may assist
Listing Terms Seller may assist