Property Description

Ideal hands-off investment opportunity with a 6.76% CAP in 2022. Listing includes two buildings, both fully leased (100%) by single tenant through 2026. Ideal investment for a 1031 Exchange and/or passive income generation. Tenant has been in place since its acquisition of Madison based company that previously occupied the buildings. Buildings house specialized office, lab, warehouse, and production processes and equipment. Leases include 3% annual escalations. Tenant maintains property but passes through management fee of 5% of lease total to owner.

Features
: 6/30/2026
: Tar & Gravel
Address Map
USA
WI
Dane
Madison
53717
Fourier Dr
1212
W90° 28' 24.5''
N43° 4' 56.9''
W Old Sauk Rd Rt Excelsior Dr Rt Fourier Dr
Importer Addon
Berkshire Hathaway HomeServices True Realty
Gorman
2
: Hellenbrand Water Softener
2021
23330
37730

Business/comm For Sale

1212 Fourier Dr, Madison, Wisconsin 53717

3.80 Acre
$8,499,000
Listing ID #1933926
Basic Details
Property Type : Business/comm
Listing Type : For Sale
Listing ID : 1933926
Price : $8,499,000
Year Built : 1995
Lot Area : 3.80 Acre
Price Per SQFT : $235
Status : Offer-Show
Agent info
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