100% Occupied in Opportunity Zone!

6417 Normandy Ln Madison, WI 53719

Madison
FOR SALE
Property Type:
Multi Tenant Office
Amount:
$1,690,000
Last Verified:
Nov 10, 2024

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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
Lease Brochure

Map of 6417 Normandy Ln, Madison, WI, 53719

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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:

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  • 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.