4647 Highway 138/Highway 14, Rutland, WI 53575
$11,900,000
$11,900,000
Features
- Commercial/Business
- Status: Active
- County: Dane
- Est. Square Footage: 80,600
- Acreage: 18.0
- Property Taxes: $38,122
- Property Tax Year: 2023
- MLS#: 1981330
- Listing Company: Bunbury & Assoc, Realtors
- Zip Code: 53575
- Number of Units: 40
Property Description
4647 Highway 138/Highway 14, Rutland, WI 53575 - This prime 18-acre real estate asset, developed from 2022 to 2024, features two state-of-the-art buildings: a 21,000 sq. ft. retail and manufacturing facility with a clean room and all the new technology available, and a 21,000 sq. ft. food manufacturing space, both under NNN leases with 3% escalations. Additionally, there are 46 outdoor parking spaces and 36,800 sq. ft. of mini and RV storage units, which are already at 80% occupancy. Located at the crossroads of Hwy 14 & Hwy 138, this property offers 3-4 acres for future expansion and currently boasts an 8.25% cap rate, with potential for further improvement as the storage units fill.
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Additional features
Basement
- Poured concrete foundatn, Slab/None
Interior Features
- Heating/Cooling: Central air, Heat pump
- Water Waste: Non-Municipal/Prvt dispos, Well
Building and Construction
- Manufacturing, Office, Retail, Self storage, Vacant land, Warehouse
- Roof: Metal
- Construction Type: E
Land Features
- Waterfront/Access: N
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Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM 1981330 Active Jul 12 2024 10:47AM $11,900,000 115 -
Schools
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Demographics
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Market Conditions
Buyer understands that the information which is contained on Data pages 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. REALTOR *MLS* Equal Housing Opportunity