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742-748 Lois Dr,  Sun Prairie,  WI  53590 $284,900 Expired
742-748 Lois Dr,  Sun Prairie,  WI  53590
$284,900
Expired
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 Property Type Business/Commercial
 Parcel # 0811-061-4601-2
 County Dane
 Sub Area D45
 Municipality Sun Prairie
 MLS# 1863248
 Listing Date 07/15/2019

MLS Public Remarks  Looking for a great investment? This office building is located in a great area with visibility from Hwy 151 & 19. Common area bathrooms. Fully rented with 3 of the 4 spaces having been updated in the last 2 years. Each unit has it's own heating and a/c controls and are metered separately. One unit owner occupied. This building is part of Nature Preserve Condominium Association. There is a $300.00 per month condo fee. Seller is a licensed Real Estate Broker in the State of WI. To view showing procedure & condo docs, look under documents.
Documents and Related Links  
1) RECR
2) Proforma
3) First Amendment
4) Condo Docs
5) 2nd Amendment
6) First Amendment
7) Map
8) Stormwater Dec
9) Showing Procedure
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Sun Prairie
  • C/T/V  City
  • Unit #  
  • Directions  Windsor St. (hwy 19) W From Hwy 151, R On Lois Dr. (nature Preserve Office Park)
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $8
  • Total Units/Bldg  4
  • Building Gross SqFt  3,600
  • Net Leasable SqFt  0
  • Year Built  2000
  • Source for Year Built  PubR
  • Approx Bldg Dimen  60X60
  • Street Frontage  0
  • Parking Fees/Mo.  $0
  • Onsite Parking  Yes
  • # of Stories  1
  • Ceiling Height Min  10
  • Ceiling Height Max  10
  • Number of Loading Docks  0
  • Zoning  Comm
  • Est. Total Acres  0.95
  • Source Of Est Acres  
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $40,000
  • Assessment Year  0
  • Net Taxes  $6,019
  • Tax Year  2019
  • Improvements  $215,700
  • Total Assessment  $0
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $0
  • Gross Operating Income  $0
  • Annual Operating Exp  $0
  • Net Operating Income  $0
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Gross 07/31/2021 Yes $7,800 $8 $0 965
    2 Gross 01/31/21 Yes $9,000 $10 $0 940
    3 Gross 09/30/2021 Yes $7,200 $7 $0 965
    Items Included 
    Items Excluded  Tenants/sellers personal property
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Office, Service
  • Exterior Treatment  
  • Building Parking  1-5 spaces
  • Roofing  Composition
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Lease(s)
  • Location  Business district, Near Major Highway
  • Tenant Pays  Air Conditioning, Electric, Heat, Sewer, Water
  • Present Use  Office, Service
  • Licenses  
  • Lease Type  Annual, Gross, Renewal options
  • Occupied by  
  • Sale Includes  N/A
  • Features  Private Restrooms, Shared Restrooms



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Re/Max Preferred