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4647 Highway 138/Highway 14 Oregon, WI 53575
- Other / Resale (MLS)
Property Details for 4647 Highway 138/Highway 14, Oregon, WI 53575
Features
- Total Units: 40
- Heating: Heat Pump
Facts
- Year Built: 01/01/2022
- Property ID: 920534845
- MLS Number: 1981330
- Property Type: Other
- County: DANE
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. 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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Property Brokerage:
Bunbury & Assoc, REALTORS
6650 University Ave
Middleton
WI
53562
Copyright © 2024 South Central Wisconsin MLS Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.