645 Sandpiper Trail Cottage Grove WI 53527 $4,900,000

Property Description

645 Sandpiper Trail Cottage Grove WI 53527 - Exceptional owner-user or investment opportunity to acquire a brand-new, 19,211 SF Class-A flex complex at 645 Sandpiper Trail in rapidly growing Cottage Grove. Offered well below replacement cost at $4,900,000, this asset accommodates retail, office, showroom, and warehouse needs. The 14,737 SF main building delivers a pristine canvas for an owner-occupant or value-add investor targeting the expanding Madison hub, arriving mostly vacant. Adding incredible value is a separate, fully built-out 4,474 SF detached building that is 100% leased, delivering immediate passive income to offset carrying costs from day one. Adjusted financials feature a strong 9.15% cap rate ($448,163 NOI), factoring in the recent rent adjustment, with massive upside via absorbing the vacant primary space at $19.50/SF NNN. Bypassing supply chain delays, this high-efficiency property is built for long-term appreciation.

Commercial/Business
Status: Active
County: Dane
Est. Square Footage: 19,211
Acreage: 2.27
Property Taxes: $37,895
Property Tax Year: 2025
MLS#: 2025939
Listing Company: American, Realtors
Zip Code: null
Number of Units: 1

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