4645 Highway 138/Highway 14, Rutland, WI 53575 $10,475,000

4645 Highway 138/Highway 14, Rutland 0 Acres $10,475,000 Active

  • Commercial/Business
  • Status: Active
  • County: Dane
  • Est. Square Footage: 80,600
  • Acreage: 18.0
  • Property Taxes: $38,122
  • Property Tax Year: 2023
  • MLS#: 1981330
  • Listing Company: Bunbury & Assoc, Realtors
  • Zip Code: 53575
  • Number of Units: 40

4645 Highway 138/Highway 14, Rutland, WI 53575 - This prime 18-acre real estate asset, developed from 2022 to 2024, features two state-of-the-art buildings: a 21,000 sq. ft. retail and manufacturing facility with a clean room and all the new technology available, and a 21,000 sq. ft. food manufacturing space, both under NNN leases with 3% escalations. Additionally, there are 46 outdoor parking spaces and 36,800 sq. ft. of mini and RV storage units, which are already at 80% occupancy. Located at the crossroads of Hwy 14 & Hwy 138, this property offers 3-4 acres for future expansion and currently boasts an 8.25% cap rate, with potential for further improvement as the storage units fill.

Additional Features
  • Poured concrete foundatn, Slab/None
  • Heating/Cooling: Central air, Heat pump
  • Water Waste: Non-Municipal/Prvt dispos, Well
  • Manufacturing, Office, Retail, Self storage, Vacant land, Warehouse
  • Roof: Metal
  • Construction Type: E
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1981330 Active Offer-Show Dec 18 2024 12:46PM $10,475,000 $11,900,000 197
1981330 Offer-Show Active Dec 5 2024 4:46PM 197
1981330 Active Jul 12 2024 10:47AM $11,900,000 197

Estimated Monthly Payment

$3,287 per month
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Jim Mulleady

Jim Mulleady

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Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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