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Dane County Office Bldg, Madison , WI Absolute NNN Lease

$2,050,000

901 South Whitney Way, Madison, WI 53711

Active
Last Updated: 07/08/2022

9

Cap Rate

184,585

NOI

Details:
Cap Rate:    9%
NOI:    $184,585
Building Size:    18,816 sqft
Lot Area:    46,751 sqft
Occupancy:    100%
Lease Type:    Absolute Net
Year Built:    1973
Price Per Sqft:    $109
Tenancy:    Single
Floors:    2
Gross Leaseable Area:    18,000
Highlights:
  • Zero Landlord Responsibility
  • Credit worthy Tenant
  • Corporate Guaranty
  • Tenant at the same location for the last 30 Years
  • Key location on a high traffic intersection
Description:

An absolute triple net office property at the highly visible location in the Capitol City of Madison in South Central Wisconsin. The Property has roughly 4.5 years remaining on their respective lease.
DANE COUNTY TITLE/CHIGAGO TITLE (FIDELITY NATIONAL FINANCIAL)
Since1846 as the first land title office in the county 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.

Map:
Documents:
Title
Dane_County_OM.pdf
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