Oregon, WI 53575,4645 Highway 138/Highway 14
Oregon, WI 53575,4645 Highway 138/Highway 14
Oregon, WI 53575,4645 Highway 138/Highway 14
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$10,475,000
Est. payment /mo
80,600 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Retail,Office(s),Wholesale,Manufacturing,Warehouse,Vacant land,Mini Storage

Listing Status Accepted Offer

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(s),Wholesale,Manufacturing,Warehouse,Vacant land,Mini 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

Zoning HC

Rooms

Basement None, None / Slab, Poured Concrete

Interior

Heating Electric, Lp Gas

Cooling Heat Pump, Central Air

Exterior

Roof Type Metal

Building

Dwelling Type Free Standing

Sewer Well

New Construction N

Others

Acceptable Financing Seller May Assist

Listing Terms Seller May Assist


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Listed by Bunbury & Assoc, REALTORS