SQUARE FEET19,623
MLS#2025939
STATUSActive
PROPERTY TYPECommercial - Office
Listing Courtesy of:
American, REALTORS
Agency Phone: 608-834-2600
Property Description
Exceptional owner-user or investment opportunity to acquire a brand-new, 19,622 SF Class-A flex complex at 645 Sandpiper Trail in rapidly growing Cottage Grove. Offered well below replacement cost, this modern facility accommodates retail, office, showroom, and warehouse needs. Majority of the 18,147 SF main building will be delivered vacant upon acquisition, providing a pristine canvas for an owner-occupant or an investor looking to lease at market rates in the expanding Madison economic hub. Adding incredible value is a separate, fully built-out 1,475 SF detached building featuring rental units that are 100% leased, providing immediate passive income to offset carrying costs from day one. Boasting new construction and low maintenance, this premier asset is positioned for long-term appreciation. Note: Advertised financials are pro forma, trading at a proposed 9.3% cap rate based on the partially vacant main building being leased at $19.50/SF NNN.
Property Features
Property Type: Commercial - Office
Fuel Type: Natural gas
Home Style: Retail, Office, Service, Manufacturing, Warehouse,
Taxes: $37,895
Year Built: 2024
Amenities
Steel
Feature Descriptions
Annual Rent (Per Sqft): $20.36
Ceiling Height (Feet): 9(MIN), 21(MAX)
Days on Site: 1
Exterior: Steel
Heating/Cooling: Forced air, Central air, Zoned heating
Location: Business district, Corner
Present Use: Retail, Office, Warehouse
Rental Term: Per SQFT - Annual
Total Units (Building): 1
Water/Waste: Municipal water, Municipal sewer
Listed By / Shown By
Listed By
Agency Name: American, REALTORS
Agency Phone: 608-834-2600
Shown By
Agency Title: Stark Company Realtors
Agency Phone: 608-256-9011
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Copyright © 2026 South Central Wisconsin MLS Corporation. All rights reserved
Privacy Policy / DMCA Notice / ADA Accessibility
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645 Sandpiper Trail | MLS# 2025939
This commercial property located at 645 Sandpiper Trail, Cottage Grove, WI 53527 is currently listed for sale with an asking price of $4,900,000. Search Cottage Grove real estate on www.starkhomes.com today.