About 4645 Highway 138/highway 14
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.
Features of 4645 Highway 138/highway 14
| MLS® # | 1981330 |
|---|---|
| Price | $10,475,000 |
| Square Footage | 80,600 |
| Acres | 18.00 |
| Year Built | 2022 |
| Type | Business/Comm |
| Sub-Type | Retail, Office, Manufacturing, Warehouse, Vacant land, Self storage |
| Status | Offer-Show |
| Detailed Status | Offer-Show |
| Net Taxes | $38,122 |
| Tax Year | 2023 |
Community Information
| Address | 4645 Highway 138/highway 14 |
|---|---|
| Area | RUTLAND - T |
| City | Rutland |
| County | Dane |
| State | WI |
| Zip Code | 53575 |
Amenities
| Features | Private Restrooms, 440+ volt, Internal sprinkler, Private office(s), Loading dock(s), Overhead doors, Truck dr(s) hgr than 15ft, Ramp, Conveyor(s), Public rest rooms, 3 phase electric, Shared conference room, Signage available, Inside storage, Outside storage, Security lighting |
|---|---|
| Parking | 56 or more spaces |
Interior
Exterior
| Exterior | Steel Frame, Brick/Stone, Steel |
|---|---|
| Roof | Metal |
School Information
Additional Information
| Zoning | HC |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Assessed Value | $2,722,300 |
| Year Assessed | 2023 |
Open House Information
Listing Details
| Office | Bunbury & Assoc, REALTORS |
|---|