645 Sandpiper Trail, Cottage Grove, WI 53527
645 Sandpiper Trail, Cottage Grove, WI 53527,Video Tour
645 Sandpiper Trail, Cottage Grove, WI 53527
91
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Listed by American, REALTORS
$4,900,000
Est. payment /mo
19,623 SqFt
New

645 Sandpiper Trail Cottage Grove, WI 53527

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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 $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,Service,Manufacturing,Warehouse,Industrial,Automotive

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

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 Central air, Forced air, Zoned heating

Cooling Central air, Forced air, Zoned heating

Exterior

Parking Features 36-55 spaces, Onsite, Paved

Roof Type Rubber/membrane

Building

Story 2

Water Municipal sewer, Municipal water

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


South Central Wisconsin MLS (SCWMLS)

NEARBY SCHOOL & BUSINESS

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Mamad Baladi

Mamad Baladi

Broker | License ID: 59618-90

+1(608) 347-7776

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645 Sandpiper Trail