Skip To Content

1212 Fourier Dr

Madison, WI 53717
  • $8,499,000
  • STATUS: Active
  • ON SITE: 14 Days
  • ID#: 1933926
UPDATED: 67 min ago
$8,499,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 36,113
    SQFT
  • $235
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1995
County:

School Ratings & Info

Listing courtesy of Berkshire Hathaway Homeservices True Realty

Description

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.

Monthly Payment Calculator



© 2022 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Charlie Wills Team | First Weber Inc. Data last updated: 2022-05-26T22:41:38.033.
www.charliewills.team/homes/128583702
Print Image

1212 Fourier Dr Madison, WI 53717

  • Price: $8,499,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 67 min ago
  • ID#: 1933926
0
Beds
0
Baths
0
½ Baths
N/A
Acres
36,113
SQFT
$235
$/SQFT
1995
Built
Neighborhood:
Madison - C W05
County:
Dane
Area:
Madison - C W05
Property Description
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.
Exterior Features

Building Parking 56 Or More Spaces Exterior BrickSteelConcrete Loading Docks 1 Location Industrial Park Roof Tar &Amp; Gravel Type OfficeIndustrialOther

Interior Features

Ceiling Height Max 16 Ceiling Height Min 10 Heating Cooling Forced AirCentral AirZoned Heating Unit1 Gross Sq Ft 28113

Property Features

Business Sale No City Town Or Village City County Quarter West Metro Madison Documents On File Lease(S)Epa 1 Fuel Natural Gas Lease Only No Lease Type Triple Net Mailing City Madison Net Taxes 32058 Present Use OfficeWarehouseOther Real Estate Sale Yes Sale Includes Lease(S) Source Sq Ft Other Tax Year 2021 Tenant Pays TaxesHeatAir ConditioningElectricWaterSewerInsuranceJanitorialTrash ServicesSnow RemovalParkingAll Expenses Unit1 Annual Rent Per Sq Ft 16.25 Water Waste Municipal Water Year Built Source Other Zoning Sec

Listing information © 2022 South Central Wisconsin MLS.
Listing provided courtesy of Berkshire Hathaway Homeservices True Realty.



© 2022 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Charlie Wills Team | First Weber Inc. Data last updated: 2022-05-26T22:41:38.033.
 
https://bt-photos.global.ssl.fastly.net/madison/1280_boomver_1_1933926-2.jpg https://bt-photos.global.ssl.fastly.net/madison/1280_boomver_1_1933926-2.jpg https://bt-photos.global.ssl.fastly.net/madison/1280_boomver_1_1933926-2.jpg
Logo
Charlie Wills Team | First Weber Inc
5609 Medical Circle, Suite 201
Madison WI, 53719
Listing courtesy of Berkshire Hathaway Homeservices True Realty