1212 Fourier Dr B Madison WI 53717 $8,499,000

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.

  • 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
  • Zip Code: null
  • Number of Units: 2

The information which is contained on pages with property data is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. Shorewest Realtors is not making any warranties or representations concerning any of these properties. Shorewest Realtors shall not be held responsible for any discrepancy and will not be liable for any damages of any kind arising from the use of this site. REALTOR *MLS* Equal Housing Opportunity

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