Courtesy of Berkshire Hathaway HomeServices True Realty

1212 Fourier Dr Unit B

Madison, WI, 53717

$8,499,000

$235 per ft²
$8,499,000
$235 per ft²
Active Under Contract
Active Under Contract
 - For Sale
carpenters-square
36,113 ft²
property_type
Commercial
calendar
Built 1995
Ideal hands-off investment opportunity with a 6.76% CAP in 2022. Listing includes two buildings, both fully leased (100%) by single tenant through 2026. Ideal investment for a 1031 Exchange and/or passive income generation. Tenant has been in place since its acquisition of Madison based company that previously occupied the buildings. Buildings house specialized office, lab, warehouse, and production processes and equipment. Leases include 3% annual escalations. Tenant maintains property but passes through management fee of 5% of lease total to owner.
MLS® ID:
1933926
Listed:
5/8/22
Updated:
8/12/22
Nest Realty Madison
LeGrand Real Estate

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Heating
Forced air, Central air, Zoned heating

Exterior/Building Features

Lot Size
3.8 acres lot
Roof
Tar amp gravel

Other Property Details

Area Name
MADISON - C W05
Taxes
$32058
Tax Frequency
per YEAR
Garage
No
View
N
County
Dane
Zoning
SEC

Property History

Date
Event
Price
Value
7/27/22
Active Under Contract
-
-

 

Courtesy of Berkshire Hathaway HomeServices True Realty, Conrad Gorman

Based on information from South Central Wisconsin Multiple Listing Service Corporation as of 8/12/22. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify y any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

© 2022 South Central Wisconsin Multiple Listing Service Corporation. All Rights Reserved.

Data last updated 4:01 AM UTC, 8/12/22

Nest Realty Madison
LeGrand Real Estate
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