1212 Fourier Dr B Madison WI 53717

$8,499,000

$8,499,000

Features

  • Commercial/Business
  • Status: Offer-Show
  • County: Dane
  • Est. Square Footage: 36,113
  • Acreage: 3.8
  • Property Taxes: $32,058
  • Property Tax Year: 2021
  • MLS#: 1933926
  • Listing Company: Berkshire Hathaway Homeservices True Realty
  • Number of Units: 2

Property Description

1212 Fourier Dr B Madison WI 53717 - Ideal hands-off investment opportunity with a 6.76% CAP in 2022. Listing includes two buildings, both fully leased (100%) by single tenant through 2026. Ideal investment for a 1031 Exchange and/or passive income generation. Tenant has been in place since its acquisition of Madison based company that previously occupied the buildings. Buildings house specialized office, lab, warehouse, and production processes and equipment. Leases include 3% annual escalations. Tenant maintains property but passes through management fee of 5% of lease total to owner.

If you are currently working with a Shorewest agent, please enter the first few letters of their FIRST name and select from the choices that appear


To receive a response via text (optional):



**By submitting this request with a text number, you acknowledge that you may incur fees for the sending and/or receiving of any subsequent text messages between you and a Shorewest agent. Amount of the fees (if any) is dependent on your wireless service plan.

Please complete the contact information below and we will respond to your inquiry as quickly as possible. You might also call a Shorewest Coordinator at 1.800.434.7350.

Please note that your showing appointment is not confirmed until you are contacted directly by Shorewest.


By giving us this phone number, you are giving us permission to call you in response to this request, even if this phone number is in the State and/or National Do Not Call Registry.


To receive a response via text (optional):



**By submitting this request with a text number, you acknowledge that you may incur fees for the sending and/or receiving of any subsequent text messages between you and a Shorewest agent. Amount of the fees (if any) is dependent on your wireless service plan.

$3,287 per month

Home Valuation Report