2127 E SPRINGS DR Madison WI 53704-7422

Lee & Associates is pleased to exclusively offer for sale to qualified investors the opportunity to purchase a 100% fee-simple interest in an investment property leased to Goodwill Industries. The subject property is located at 2127 East Springs Drive in Madison, Wisconsin (the “Property”).

The subject property is leased to Goodwill Industries (“Goodwill”), which operates a network of 163 independent, community-based organizations. In 2015, the group served more than 37 million people, with more than 312,000 people placed into employment. Goodwill takes in more than $4.8 billion in annual revenue.

Constructed in 2002 as a build-to-suit for Goodwill, the Property consists of a 23,000-square foot building that sits on an approximately 1.92 acre parcel. The tenant has operated successfully at this location since it was built. Goodwill recently exercised their 3-year option, extending the lease an additional 8 years beyond its original 10-year initial term and showing their commitment to the site. The lease features strong rent growth with 6% rent increases in the (2) 3-year Option Periods. In addition, the double-net (NN) lease provides an investor with limited landlord responsibilities (see Lease Abstract on page 7).