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 Property Type Business/Commercial
 Parcel # 0606-073-8431-1
 County Dane
 Sub Area D08
 Municipality Blue Mounds
 MLS# 1902613
 Listing Date 02/19/2021
 Sold Price $3,532,000
 Close Date 12/08/2021 12:00 AM

MLS Public Remarks  57,800 sq.ft. of prime office, industrial, warehouse, manufacturing floor space in two adjacent, solid, well maintained steel frame buildings! 3 loading docks! Main building, 42,000 sq.ft, has 3 spaces for office, warehouse & shop space. Office has 13,000 sq.ft with multiple office areas, breakroom, bathrooms, conference room & much more! Warehouse & shop currently used for production & current tenant. Multiple overhead doors & loading docks. Second building, 15,800 sq.ft., currently used as a warehouse to store fertilizer material & has multiple overhead doors, concrete bays, plus a mixing area. Ample blacktopped parking to accommodate many vehicles/trucks. New lease-NNN 5yrs, & two 5-year renewal options, with annual 2% rental adjustments. Annual base rent -$317,890. Cap Rate: 8.71%
Documents and Related Links  
1) RECR
2) Aerial
LOCATION  
  • Location  Village
  • Other Marketing Area  
  • Mailing City  Blue Mounds
  • C/T/V  Village
  • Unit #  
  • Directions  From Madison Take Hwy 18/151 West Towards Blue Mounds. Turn South (left) On County F, Right On Blackhawk Dr., Approx. 1/4 Mile, Buildings On The Left
  • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $6
  • Total Units/Bldg  2
  • Building Gross SqFt  57,800
  • Net Leasable SqFt  57,800
  • Year Built  2007
  • Source for Year Built  Slr
  • Approx Bldg Dimen  varied
  • Street Frontage  1073
  • Parking Fees/Mo.  $0
  • Onsite Parking  yes
  • # of Stories  1
  • Ceiling Height Min  12
  • Ceiling Height Max  20
  • Number of Loading Docks  2

  • Zoning  l-1
  • Est. Total Acres  9.94
  • Source Of Est Acres  PubR
  • Lot Dimensions  irregular
  • Owner  
  • Tradename  
  • ASSESSMENT & TAXES  
  • Land Assessment  $249,500
  • Assessment Year  2020
  • Net Taxes  $33,800
  • Tax Year  2020
  • Improvements  $1,539,400
  • Total Assessment  $1,788,900
  • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,020
  • Gross Operating Income  $0
  • Annual Operating Exp  $0
  • Net Operating Income  $317,890
  • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 NNN 05-31-26 Yes $317,900 $6 $0 57,800
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included List in Associated Docs
    Items Excluded  Tenants Leasehold/personal items; Sellers personal items
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Other
  • Water/Waste  Mound system, Non-Municipal/Prvt dispos, Other, Well
  • Basement  Slab/None
  • Fuel  Electric, Other
  • Seating Capacity  51-75 persons
  • EXTERIOR FEATURES  
  • Type   Industrial, Manufacturing, Office, Retail, Warehouse, Wholesale
  • Exterior Treatment  Concrete, Steel, Steel Frame
  • Building Parking  36-55 spaces, Onsite, Paved
  • Roofing  Metal
  • Terms/Option  
  • Miscellaneous  
  • OTHER FEATURES  
  • Documents on File  Blue prints, Certified survey map, Fixtures & equipment, Lease(s), Property Condition Report
  • Location  Industrial park, Near Major Highway
  • Tenant Pays  Air Conditioning, All expenses, Electric, Heat, Insurance, Janitorial, Sewer, Snow removal, Taxes, Trash Services, Water
  • Present Use  Industrial, Manufacturing, Office, Retail, Warehouse, Wholesale
  • Licenses  None
  • Lease Type  Renewal options, Triple net
  • Occupied by  Tenant(s)
  • Sale Includes  Easements, Equipment, Lease(s)
  • Features  3 phase electric, 440+ volt, Inside storage, Loading dock(s), Outside storage, Overhead doors, Private office(s), Public rest rooms, Ramp, Reception area, Security lighting, Security system, Shared conference room, Truck dr(s) hgr than 15ft



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of First Weber Inc