Overview

Listing ID:#20181122

Building SF:69,000

Parcel Size:3.10 Acres

Price:$4,920,000

Building PSF:$71.30

Property Type:Industrial, Retail

Date Available:Now

613 Atlas Avenue Marketing Brochure.pdf Aerial photo with boundary lines.pdf

New 10-Year Triple Net Lease

New to the market. Excellent investment opportunity for this showroom, office and warehouse property located on Madison's east side. New 10-year triple-net lease with tenant Marling Lumber & Millworks who has occupied the property for 10 years prior to the new lease. The 69,000 square foot building was constructed in phases on a 3.1 acre site.

Financial Information

Gross Income:$344

Net Op. Income:$344

Cap Rate:7.00%

Percent Leased:100%

Building Details

Building Type:Stand Alone

Building Status:Existing

Year Built:1969

Year Renovated:1983

Current Use:Showroom, office and warehousing

Number of Floors:1

Zoning:IL - Limited Industrial

Municipal Sewer:Yes

Municipal Water:Yes

Docks:Yes

Drive Doors:Yes

Sprinklers:Yes

Contact Listing Agent

Andrew Kessenich

608-274-4141
Email

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