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Office Building near Airport

2917 International Lane

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Madison, WI 53719

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Office Building near Airport

2917 International Lane

Madison, WI 53719

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Contact Broker

Square
Chuck Polenz Sr. Broker

chuck.polenz@altuscre.com
(C) 608.345.2042
(O) 608.338.0536
(F) 608.821.1402

 


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3 Story Office Building

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Under Contract
Price:
$1,390,000
Building Size:
39,960 SF
Property Type:
Office
Lot Size:
2.28 Acres
Year Built:
1988
Cap Rate:
32.17%
NOI:
$447,176
Download Sale Brochure View Lease Website
 


Highlights

  • Great Investment or owner/occupant opportunity
  • Well Maintained Property
  • On-Site Parking
  • Convenient Location - Close to Airport and Madison College
  • AT&T Rooftop Cellular Lease Provides Solid Additional Income

Description

BANK OWNED - Three story class "B" single tenant office building on International Lane in Madison Wisconsin, perfect for owner/occupant. Each floor has lots of windows for natural light and great views. 2nd Floor features many large offices or shared offices on the perimeter with restrooms, break room and work area in center. 3rd floor features smaller private offices on perimeter with open cubical work area in center, restrooms, large break room and very large conference/training room with dividers. Building is ADA compliant and has a full wet sprinkler system in place. Most of the buildings HVAC system have been updated within the last 10 years. Approximately 88 paved parking stalls. Current single tenant lease expires end of 2016. AT&T rooftop cellular lease in place for additional income. Note: All offers must include Bank's REO Addendum AB to be considered.

Located near the corner of International Lane and Darwin Rd, this property is very close to the entrance to the Dane County Regional Airport and Madison College in the Air Park Business Center.