1100 Connery Cv - Retail FOR SALE


Waunakee, WI 53597
$3,950,000 USD
650-888-7696
1100 Connery Cv, Waunakee, WI for Sale
$3,950,000 USD
Retail - FOR SALE
1/13
null | 6.95% Cap Rate

1100 Connery Cv
Waunakee, WI 53597


HIGHLIGHTS

  • Well-Situated Retail Investment Opportunity - Investors have the opportunity to acquire a prime retail asset in one of the most desirable locations.
  • Favorable Lease Terms - This is currently leased to KinderCare, a favorable NNN lease term providing owners with minimal operating responsibilities.
  • Prime Daycare Location - Surrounded by newly constructed residential homes and apartments, making it a primary choice for families seeking childcare.
  • Convenient Access to Transportation Corridors - The subject property offers renters and customers easy access to transportation corridors.

OVERVIEW

1100 Connery Cv is a well-situated retail investment opportunity located in the thriving city of Waunakee, Wisconsin. Situated on a parcel of land totaling 1.58 acres, the subject property was originally constructed in 2007 and features a gross building area of approximately 10,782 square feet, offering a spacious retail location for 9 years and has ~6 years remaining plus two 5-year options on an absolute net lease with minimal operating responsibilities. Further enhancing the investment pro population growth and strong community development, supporting long-term demand for essential service-based tenants. Known for its high quality of life, strong school system, and proximity to Madison, the area attracts both families and businesses, contributing to a stable economic environment and reinforcing the long-term viability of retail assets in this market. The investment appeal of this asset is driven by Waunakee's strong employment fundamentals and low vacancy levels. With a world-class location in Dane County, 1100 Connery Cv presents an attractive choice for investors due to its close proximity to major employers, transportation corridors, shopping, dining, and entertainment options.

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$366 USD /SF

CAP RATE

6.95%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KinderCare Learning Center - Waunakee, WI

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.58 AC

LAND SF

68,825 SF

ZONING

-

APN/PARCEL ID

0809-172-4003-1

ASK ABOUT THIS PROPERTY

Cole SimpsonMarcus & MillichapMore Info
650-888-7696

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Cole SimpsonMarcus & MillichapMore Info
650-888-7696

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.