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1020 Quinn Dr,  Waunakee,  WI  53597 $4,250,000 Sold
1020 Quinn Dr,  Waunakee,  WI  53597
$4,250,000
Sold
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 Property Type Business/Commercial
 Parcel # 0809-094-4098-1
 County Dane
 Sub Area D51
 Municipality Waunakee
 MLS# 1909547
 Listing Date 05/18/2021
 Sold Price $4,250,000
 Close Date 08/13/2021 12:00 AM

MLS Public Remarks  Investment opportunity with a solid lessee in the fast growing community of Waunakee, a suburb of the larger City of Madison metropolitan area, Dane County, WI. Building and business owners are selling the real estate so that they can continue to focus on their growing ancillary dental business. This single tenant stand alone building was build around 2002, is a masonry and wood frame with a brick and EIFS exterior. It is a single story, has 16,128 sq. ft. on the main level and a 10,183 sq. ft. partially finished basement and designed as a "medical" office. The building has an elevator and has been meticulously maintained. Additional site improvements include lawn, landscaping, concrete flatwork, asphalt paving, dumpster enclosure and an on-premise sign.
Documents and Related Links  
* 1 Documents Not Available via MLS
LOCATION  
  • Location  Village
  • Other Marketing Area  
  • Mailing City  Waunakee
  • C/T/V  Village
  • Unit #  
  • Directions  Hwy 19 In Waunakee To Quinn Drive.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $13
  • Total Units/Bldg  1
  • Building Gross SqFt  26,311
  • Net Leasable SqFt  26,311
  • Year Built  2002
  • Source for Year Built  Appr
  • Approx Bldg Dimen  irreg
  • Street Frontage  100
  • Parking Fees/Mo.  $0
  • Onsite Parking  75+
  • # of Stories  1
  • Ceiling Height Min  8
  • Ceiling Height Max  10
  • Number of Loading Docks  0
  • Zoning  PUD
  • Est. Total Acres  2.31
  • Source Of Est Acres  PubR
  • Lot Dimensions  irreg
  • Owner  
  • Tradename  D&s Laboratories, Inc
    • ASSESSMENT & TAXES  
  • Land Assessment  $216,500
  • Assessment Year  2020
  • Net Taxes  $42,702
  • Tax Year  2020
  • Improvements  $1,970,000
  • Total Assessment  $2,186,500
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,020
  • Gross Operating Income  $315,732
  • Annual Operating Exp  $0
  • Net Operating Income  $315,732
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 NNN 2026 Yes $330,000 $13 $0 26,311
    2 n/a 0 0 $0 $0 $0 0
    3 n/a 0 0 $0 $0 $0 0
    Items Included 
    Items Excluded  Property of lessee.
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air, Zoned heating
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Partial
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Office, Service
  • Exterior Treatment  
  • Building Parking  56 or more spaces, Onsite, Paved
  • Roofing  Metal, Other, Rubber/membrane
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Lease(s), Property Condition Report
  • Location  Business district, Free standing, Near Major Highway
  • Tenant Pays  All expenses
  • Present Use  Office, Service
  • Licenses  None
  • Lease Type  Escalators, Multiple years, Triple net
  • Occupied by  
  • Sale Includes  Assets Only, Other
  • Features  Internal sprinkler, Private Restrooms, Security system



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of First Weber Inc