1212 Fourier Drive, WI, 53717

Sold

1212 Fourier Drive

WI, 53717

$6,625,000

Sold

Commercial

Listed by Berkshire Hathaway HomeServices True Realty

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.

1933926

MLSⓇ ID

May 9, 2022

Listed

November 22, 2024

Updated

Map

1212 Fourier Drive
WI, 53717

Interior Features

Total Stories: 2
Fireplace: No
Cooling: Yes
Cooling Description: Central Air
Heating: Yes
Heating Description: Forced Air, Natural Gas

Exterior/Building Features

Lot Size: 3.8 Acres

Other Property Details

Area Name: MADISON - C W05
Taxes: $32,058
Tax Frequency: Annually
Days on Market: 164
Garage: No
View: No
County: Dane
Water Source: Public
Pool: No
Zoning: SEC

Listed by Conrad Gorman with Berkshire Hathaway HomeServices True Realty ]]

Based on information from South Central Wisconsin Multiple Listing Service Corporation as of 11/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Data last updated 5:30 AM UTC, 11/22/2024