5459 Fen Oak Dr - Office FOR SALE


Madison, WI 53718- East Madison
$4,000,000 USD
262-364-1926
5459 Fen Oak Dr, Madison, WI for Sale
$4,000,000 USD
Office - FOR SALE
1/19
null | Request Cap Rate

5459 Fen Oak Dr
Madison, WI 53718
East Madison


HIGHLIGHTS

  • Marquip-Ward United, Inc. occupies 6,097 SF through June, 2030
  • Existing lease is NNN and has 2.5% annual escalators
  • 25,101 RSF of available space within the building makes this offering suitable for on owner user, or investor

OVERVIEW

Marcus & Millichap REIS, as exclusive advisor, is pleased to offer for sale 5459 Fen Oak Drive, a Class A multi-tenant R&D / Flex building located in Madison, WI. This Class A building was constructed in 2007 and is approximately 31,198 SF. The property features lab, R&D, and office space, making this property suitable for a wide range of users. Marquip-Ward United Inc. currently occupies 6,097 SF with a lease through June 2030. The lease is NNN with 2.5% annual increases. The remaining 25,101 SF is available for lease or owner occupancy

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$128 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

R&D, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

102

LAND DETAILS

LAND ACRES

3.45 AC

LAND SF

150,282 SF

ZONING

C

APN/PARCEL ID

0710-221-0409-7

ASK ABOUT THIS PROPERTY

Jonathan RauhMarcus & MillichapMore Info
262-364-1926

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Jonathan RauhMarcus & MillichapMore Info
262-364-1926

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