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.

Property Features