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2919 Marketplace Dr,  Fitchburg,  WI  53719 $1,450,000 Sold
2919 Marketplace Dr,  Fitchburg,  WI  53719
$1,450,000
Sold
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 Property Type Business/Commercial
 Parcel # 0609-082-6617-5
 County Dane
 Sub Area W19
 Municipality Fitchburg
 MLS# 1865547
 Listing Date 08/09/2019
 Sold Price $1,375,000
 Close Date 11/06/2019 12:00 AM

MLS Public Remarks  Single-tenant investment opportunity in Fitchburg. 1.19 acre parcel improved with a 16,083 sf flex building occupied by long-term tenant, iCOMBAT. Tenant is a successful indoor tactical laser tag entertainment center with multiple locations and manufactures and distributes equipment globally to 66 countries. Tenant recently exercised their initial option period extending the lease to 2022.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Fitchburg
  • C/T/V  City
  • Unit #  
  • Directions  Https://Goo.gl/Maps/Ad6dcjk5pwrgln6s7
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $7
  • Total Units/Bldg  1
  • Building Gross SqFt  16,083
  • Net Leasable SqFt  16,083
  • Year Built  2001
  • Source for Year Built  Slr
  • Approx Bldg Dimen  197x87
  • Street Frontage  250
  • Parking Fees/Mo.  $0
  • Onsite Parking  yes
  • # of Stories  1
  • Ceiling Height Min  20
  • Ceiling Height Max  20
  • Number of Loading Docks  1
  • Zoning  BH
  • Est. Total Acres  1.19
  • Source Of Est Acres  
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $310,000
  • Assessment Year  0
  • Net Taxes  $22,050
  • Tax Year  2018
  • Improvements  $640,000
  • Total Assessment  $0
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,018
  • Gross Operating Income  $147,868
  • Annual Operating Exp  $39,356
  • Net Operating Income  $108,512
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 NNN 08/01/2022 Yes $111,867 $7 $0 16,083
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Forced air
  • Water/Waste  Municipal water
  • Basement  
  • Fuel  N/A
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Industrial, Office, Recreation, Warehouse
  • Exterior Treatment  
  • Building Parking  21-35 spaces, Onsite, Paved
  • Roofing  All flat
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Lease(s)
  • Location  Business district, Free standing, Industrial park, Near Major Highway, Near public transportatn
  • Tenant Pays  Air Conditioning, Electric, Heat, Janitorial, Taxes
  • Present Use  Office, Other
  • Licenses  
  • Lease Type  Triple net
  • Occupied by  
  • Sale Includes  Lease(s)
  • Features  Loading dock(s), Overhead doors



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Key Commercial Real Estate, Llc