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28226245
28226246

2702 International, Madison, WI 53704

Key Commercial Real Estate
Key Commercial Real Estate
Key Commercial Real Estate
Listed by Key Commercial Real Estate
$1,225,000
129 days on market
Updated 66 days ago
Opportunity zone

2702 International

Details
APN 081030401963
Property Type Office
Sub Type Traditional Office
Square Footage 19,888
Units 11
NOI $124,664
Year Built 1980
Acreage 197.000

Office | 19,888 SqFt

Marketing description

This two-story, 19,888-square-foot multi-tenant office building was originally constructed in 1980 and has undergone extensive renovations in recent years. Updates include modernized common areas and restrooms, a new roof, and more than $120,000 in HVAC upgrades completed in 2024. The property is currently occupied by seven tenants, with a few small suites available for lease. The seller is willing to lease back vacant spaces post-closing. The property is located on a 2 acre parcel in the Truax Air Business Park and is subject to a long term land lease which extends through September of 2078.
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Listing Contacts

Key Commercial Real Estate
Key Commercial Real Estate
Key Commercial Real Estate
Listed by Key Commercial Real Estate

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$124,664.00
$10,388.67/mo

Valuation Metrics

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DSCR
10.18%
Cap Rate
10.18%
ROI

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