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Nicole Borowski

Homestead Realty

nborowski@homesteadrealtyinc.com +1(414) 418-3399

Listed by Bunbury & Assoc, REALTORS

$ 10,475,000

Est. payment -/mo

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Price Dropped by $1.4M

4645 Highway 138/Highway 14 Oregon, WI 53575

80,600 SqFt

UPDATED:

12/18/2024 05:56 PM

Key Details

Property Type Commercial

Sub Type Retail,Office,Manufacturing,Warehouse,Vacant land,Self storage

Listing Status Active

Purchase Type For Sale

Square Footage 80,600 sqft

Price per Sqft $129

MLS Listing ID 1981330

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

Nicole Borowski

Broker | Owner | License ID: 58743-90

+1(414) 418-3399

Nicole Borowski

4645 Highway 138/Highway 14 Oregon, WI 53575

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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4645 Highway 138/Highway 14