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901 South Whitney Way

$2,050,000

901 South Whitney Way, Madison, WI 53711

Active
Last Updated: 07/08/2022

9

Cap Rate

184,584

NOI

Details:
Cap Rate:    9%
NOI:    $184,584
Building Size:    18,000
Lot Area:    40,751
Occupancy:    100%
Year Built:    1973
Price Per Sqft:    $114
Tenancy:    Single
Floors:    2
Lease Expire Year:    8/31/2025
Highlights:
  • Absolute NNN Lease
  • Zero Landlord Responsibility
  • Credit worthy Tenant, Corporate Guaranty
  • Rent bumps every year.
  • Key location on a high traffic intersection
  • Tenant at the same location for the last 30 Years
Description:

We are pleased to present for sale an absolute triple net office property in the Capitol City of Madison in South Central Wisconsin. The Property has roughly 6.5 years remaining on their respective lease. 901 S. Whitney Way, an 18,816 GSF office building, is located in a highly visible location on the corner of Whitney Way and the Beltline.
DANE COUNTY TITLE/CHIGAGO TITLE/FIDELITY NATIONAL FINANCIAL
Madison was seven years old and had a population of 283 when Dane County Title Company opened its doors in 1846 as the first land title office in the county. Many changes have taken place since that time, but Dane County Title continues to serve the southern Wisconsin real estate community, protecting the rights and interests of sellers and buyers of residential and commercial real estate. As the oldest existing business in Dane County, it has grown from a single office with a few employees to providing title, closing and escrow services throughout Wisconsin. In September 2015, Dane County Title Company was acquired by its underwriter and became a division of Chicago Title Insurance Company, which itself is a part of the Fidelity National Financial, a Fortune 500 entity that is the largest title insurer in the United States.

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