1100 Connery Cove presents an opportunity to acquire a net-leased retail investment property in Waunakee, Wisconsin, one of the Madison area's most desirable and steadily growing communities. Situated on approximately 1.58 acres, the property was originally constructed in 2007 and contains approximately 10,782 square feet. The asset offers investors a sizable retail facility positioned within a strong regional market supported by population growth, residential development, and sustained consumer demand.
The property is occupied by an established retail tenant operating under an absolute net lease structure, providing ownership with limited operating responsibilities. The lease has approximately six years remaining in the current term and includes two additional five-year renewal options, offering investors a combination of income stability and long-term occupancy potential. This structure supports a passive investment profile while providing predictable cash flow through the remaining lease term.
Waunakee benefits from a strong local economy, high quality of life, and close proximity to Madison, Wisconsin's capital city and one of the Midwest's leading employment centers. The community is recognized for its highly regarded school system, expanding residential base, and business-friendly environment, all of which contribute to sustained demand for retail and service-oriented businesses. These market fundamentals help support the long-term performance of retail real estate within the area.
Located within Dane County, the property enjoys access to major transportation corridors, employment centers, shopping destinations, restaurants, and entertainment venues. The combination of a stable net lease structure, established tenant occupancy, growing market demographics, and strong regional economic drivers positions 1100 Connery Cove as an attractive investment opportunity for buyers seeking long-term income and minimal management responsibilities.