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Belt line Commercial Property

$5,000,000

6911 Mangrove Lane, Madison, WI 53713

Active
Last Updated: 08/19/2026

7.27

Cap Rate

363,375

NOI

Details:
Cap Rate:    7.27%
NOI:    $363,375
Building Size:    34,000 sqft
Lot Area:    1.47 sqft
Class:    B
Units:    1
Lease Type:    Triple Net
Year Built:    1995
Price Per Sqft:    $15
Zoning:    Industrial/Light Industrial
Tenancy:    Single
Seller Financing:    Yes
Parking Spots:    60
Investment Strategy:    Opportunistic
Description:

RARE VALUE-ADD / OWNER-USER CLASS A COMMERCIAL OPPORTUNITY IN MONONA! Offered at $5,000,000 ($147/SF)—positioning this asset $524,800 BELOW its city assessed value ($5,524,800).
Unbeatable location situated just one block off the W. Beltline Hwy & W. Broadway corridor, this pristine 34,000 SQ FT, 3-story brick commercial building (built 1995 on 1.47 acres) offers an unprecedented turn-key blank canvas for a regional corporate headquarters, multi-tenant lease-up investment, or outpatient medical/flex facility.

KEY HIGHLIGHTS & INFRASTRUCTURE:
• Turnkey Tech Hub: Features a specialized, climate-controlled 3rd-floor server room equipped with an independent, secondary HVAC cooling loop.
• Full Vertical Accessibility: Modern elevator serving all 3 floors with high architectural ceilings and expansive tinted windows throughout.
• Versatile Floorplates: Approx. 11,333 SF per floor—easily sub-dividable into high-demand 4,000 to 15,000 SF tenant suites at market baseline rents ($15/SF NNN).

Map:
Documents:
Title
Mangrove_MLS.pdf
Mangrove_floor_plans.pdf__1_.pdf
Professional_Pitch_Deck__Bound_Documents_.pdf
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Location
Gallery