100% Occupied in Opportunity Zone!

6417 Normandy Ln Madison, WI 53719

6417 Normandy Ln, Madison, WI, 53719
6417 Normandy Ln, Madison, WI, 53719 6417 Normandy Ln, Madison, WI, 53719 6417 Normandy Ln, Madison, WI, 53719 6417 Normandy Ln, Madison, WI, 53719 6417 Normandy Ln, Madison, WI, 53719 6417 Normandy Ln, Madison, WI, 53719 6417 Normandy Ln, Madison, WI, 53719 6417 Normandy Ln, Madison, WI, 53719
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$1,690,000
Last Verified:
Feb 22, 2024

Highlights

  • Located in OPPORTUNITY ZONE!
  • 8.95% Cap Rate
  • 100% Leased
  • Well maintained, elevator served building,
  • Handicap accessible
  • Ample parking
  • Easy access to West Beltline and Downtown Madison

Description

Elevator served 22,456 SF office building in an OPPORTUNITY ZONE! Currently 100% occupied. This three floor building is on a split level lot with parking lots on 1st & 2nd levels. Each level has lots of windows for natural light, new roof in 2014, break area/kitchenettes and restrooms. Easy access to West Beltline and minutes from downtown. Current 8.95% cap rate.

On Normandy Ln, just off S Yellowstone Dr.


Year Built: 1994
Building Size: 22456sq ft
Building Class: B
Lot Size: 1.17 acres


Documents

Madison_Opportunity_Zones_Summary_9_20_18.pdf
Sale Brochure

Map of 6417 Normandy Ln, Madison, WI, 53719

Presented by:
ALTUS Commercial Real Estate

Request additional information
Jeff Jansen


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.