Active
4647 Highway 138/Highway 14
WI, 53575
$11,900,000
Active
Commercial
Listed by Bunbury & Assoc, REALTORS
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.
1981330
MLSⓇ ID
July 10, 2024
Listed
August 23, 2024
Updated
Map
4647 Highway 138/Highway 14
WI, 53575
Interior Features
Total Stories
1
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Electric, Heat Pump, Propane
Exterior/Building Features
Lot Size
18 Acres
Other Property Details
Area Name
RUTLAND - T
Taxes
$38,122
Tax Frequency
Annually
Days on Market
5
Garage
No
View
No
County
Dane
Water Source
Well, Private
Pool
No
Zoning
HC
Listed by Lindsay Koth with Bunbury & Assoc, REALTORS ]]
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Data last updated 11:03 AM UTC, 8/23/2024