645 Sandpiper Trail, Cottage Grove, WI 53527
645 Sandpiper Trail, Cottage Grove, WI 53527,Video Tour
645 Sandpiper Trail, Cottage Grove, WI 53527
645 Sandpiper Trail, Cottage Grove, WI 53527
645 Sandpiper Trail, Cottage Grove, WI 53527
645 Sandpiper Trail, Cottage Grove, WI 53527
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Mark Gladue

Mark Gladue

+1(608) 658-0467
$ 4,900,000
Est. payment | /mo

19,211 SqFt

Save Virtual Tour
$ 4,900,000
Est. payment | /mo
Save Virtual Tour

19,211 SqFt

Key Details

Property Type Commercial

Sub Type Retail,Office(s),Warehouse,Service

Listing Status Active

Purchase Type For Sale

Square Footage 19,211 sqft

Price per Sqft $255

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(s),Warehouse,Service

Property Description

Exceptional owner-user or investment opportunity to acquire a brand-new, 19,211 SF Class-A flex complex at 645 Sandpiper Trail in rapidly growing Cottage Grove. Offered well below replacement cost at $4,900,000, this asset accommodates retail, office, showroom, and warehouse needs. The 14,737 SF main building delivers a pristine canvas for an owner-occupant or value-add investor targeting the expanding Madison hub, arriving mostly vacant. Adding incredible value is a separate, fully built-out 4,474 SF detached building that is 100% leased, delivering immediate passive income to offset carrying costs from day one. Adjusted financials feature a strong 9.15% cap rate ($448,163 NOI), factoring in the recent rent adjustment, with massive upside via absorbing the vacant primary space at $19.50/SF NNN. Bypassing supply chain delays, this high-efficiency property is built for long-term appreciation.

Location

State WI

County Dane

Zoning PB

Rooms

Basement None, None / Slab, Poured Concrete

Interior

Heating Natural Gas

Cooling Forced Air, Central Air, Zoned Heating

Exterior

Utilities Available High Speed Internet Available

Roof Type Rubber/Membrane

Building

Story 2

Sewer Municipal Water, Municipal Sewer

New Construction N

Others

Acceptable Financing Seller May Assist

Listing Terms Seller May Assist

Virtual Tour https://my.matterport.com/show/?m=hzxg2WBnh2R

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Listed by American, REALTORS

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Mark Gladue
Mark Gladue

Broker Associate | License ID: 56190-90

+1(608) 658-0467 | mark@gladuestoppedby.com

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645 Sandpiper Trail