Listed by RE/MAX Preferred
$2,700,000
Office Flex building
Details
Property Type Industrial
Sub Type Distribution, Flex
Square Footage 18,689
Units 5
Cap Rate 5.76%
NOI $155,564
Occupancy 88%
Tenancy Multi
Lease Type Net
Class C
Year Built 1989
Buildings 1
Acreage 1.570
Zoning IL
Investment Type Stabilized
Occupancy Date 09/24/2025
Ceiling Height 20
Loading Docks 1
Dock High Doors 3
Industrial | CAP Rate with upside | 18,689 SqFt
Marketing description
Multi-tenanted industrial flex building for sale on Madison’s Eastside. Opportunity to buy as investment or owner-occupant. Two office tenants up front with logistic company willing to vacate office space and warehouse in back. Three 14’ OH doors, 1 dock door, 9,207 sq. ft. warehouse, 200 amp, 480 volt, 3-phase electrical service, 12’x12’ ground level door and (2) 14’x14’ ground level door.
Listing Contacts
Listed by RE/MAX Preferred
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$155,564.00
$12,963.67/mo
Valuation Metrics
0
DSCR
5.76%
Cap Rate
5.76%
ROI
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