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Property Detail

Building For Sale:

6525 Grand Teton Plz
6601 Grand Teton Plaza
Madison WI 53719
Dane County
Greater Madison West
Property ID: 56292
Date Printed: 8/21/2019
Listed By: Real Estate Professional

Property Mapping - Show

Size and Financial Information

Building sf (?): 22,731
Parcel Size: 1.55 acres
Price: $1,850,000
Gross Income: $296,500
Net Op. Income (?): $169,000
Cap Rate: 9.00%
Number of Units: 24
Current Tenants: 22
Percent Leased: 89%
Real Estate Taxes:
Property Type: Office

General Information

Date Available: 9/1/2019
Building Type: Multi-Tenant
Building Status: Existing
Year Built: 1980
Number of Floors: 2
Zoning: SE
Potential Zoning:
Hwy Exposure:
Handicap Access:
Outside Parking: Yes
per 1,000 s.f.:
Inside Parking:
per 1,000 s.f.:
Ceiling at Eaves:
Ceiling at Center:
Parcel Front Dim:
Parcel Side Dim:
Municipal Water:
Municipal Sewer:
Urban Svc. Area:
Docks:
Drive-in Doors:
Cable:
DSL:
T1:

Shared Building Amenities

Break Room:
Cafeteria:
Lounge:
Conference Room: Yes
Auditorium:
Other:
Elevator:
Exercise Room:
Shower:

Comments

Side by side office buildings of 22,000+ total SF and 24 tenants, priced at 9% cap rate based on current owner's 2018 P&L statement. Improvements in recent years include new, energy efficient lighting and new parking lot. Located in Park Towne business park, just 1 block off Mineral Point Road, Madison West Side.

Attachments

Attachment 1 Info Sheet

Contact Information

Helm Commercial Real Estate Logo
Rob Helm
Helm Commercial Real Estate
Phone: 608-827-6867
Mobile Phone:
Email: rob@helmcommercial.com
Website: http://www.helmcommercial.com

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