About 806 S Division Street
~7.60% CAP RATE. 20,900 sq. ft. warehouse investment opportunity in Waunakee, WI - one of the most desirable areas in Dane County, WI. Building is currently occupied by the Seller’s business, Savannah Company, and will lease property back on a 5-year initial term NNN lease. Property at one point in its history was a multi-tenant property, with five or six different units - now of which are combined into one. Should Seller leave the property at the end of the lease, there is a great potential to convert the building back to a multi-tenant building, and attracting a much wider prospective tenant pool. Since owning the building, owner has also expanded the building with adding a larger warehouse area (southern end of the building).
Features of 806 S Division Street
| MLS® # | 1991573 |
|---|---|
| Price | $1,500,000 |
| Square Footage | 20,900 |
| Acres | 1.86 |
| Year Built | 1982 |
| Type | Business/Comm |
| Sub-Type | Office, Manufacturing, Warehouse, Industrial |
| Status | Sold |
| Closed Date | 2025-03-28 |
Community Information
| Address | 806 S Division Street |
|---|---|
| Area | WAUNAKEE - V |
| City | Waunakee |
| County | Dane |
| State | WI |
| Zip Code | 53597 |
Amenities
| Features | Overhead doors |
|---|---|
| Parking | 21-35 spaces |
Exterior
| Exterior | Steel |
|---|---|
| Roof | Metal |
Additional Information
| Zoning | G3 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Plato Commercial Real Estate, LLC |
|---|