Class A Multi-Tenant R&D / Flex
Industrial | 31,198 SqFt
Marketing description
Marcus & Millichap REIS, as exclusive advisor, is pleased to offer for sale 5459 Fen Oak Drive, a Class A multi-tenant R&D / Flex building located in Madison, WI.
This Class A building was constructed in 2007 and is approximately 31,198 SF. The property features lab, R&D, and office space, making this property suitable for a wide range of users.
Marquip-Ward United Inc. currently occupies 6,097 SF with a lease through June 2030. The lease is NNN with 2.5% annual increases. The remaining 25,101 SF is available for lease or owner occupancy
Investment highlights
Marquip-Ward United, Inc. occupies 6,097 SF through June, 2030
Existing lease is NNN and has 2.5% annual escalators
25,101 RSF of available space within the building makes this offering suitable for on owner user, or investor
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