Property Description for 2702 International Ln, Madison, WI 53704
Key Commercial Real Estate is pleased to present a stabilized investment opportunity at 2702 International Lane in Madison. This 2 story, 19,888 square foot multi-tenant office building was constructed in 1980 and has undergone extensive renovations in recent years to bring it to stabilization. The property is currently home to thirteen tenants and has an occupancy rate of 100%. The property is situated on a two acre parcel in the Truax Air Business Park. All land in the park is owned by the Dane County Airport so the building is subject to a land lease which extends through September of 2078. The lot offers a beautiful wooded setting with walking paths and ample parking for tenants and customers. The property is located in an Opportunity Zone.
- Present Use: Office
- Total Operating Expense: $119,900
- Gross Sales: $0
- Location: Free standing
- Taxes: $10,300
- County: Dane
- Zoning: SE
- Net Leasable SqFt: 16,021
- MLS Number: 1874614
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