Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    6060 McKee Rd Fitchburg, WI 53719

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Flex industrial space with gym, mezzanine, and office.

    Type:Industrial
    Property size:
    4,347 SF
    Added:
    Aug 2, 2024
    Days on Market:
    634
    Last Refresh:
    Mar 17 at 1:21 pm

    Property Features for 6060 McKee Rd

    General Information

    Standard status
    Active
    Size
    4,347 SF
    Property subtype
    Industrial

    Spaces For Lease

    at 6060 McKee Rd Contact us

    $7 /Mo

    Size
    4,347 SF
    Type
    Industrial
    Contact us

    We can help!

    Listing Contact
    Tony Keuntjes

    Listing agent Tony Keuntjes License #WI 92575-94

    Listing office Oakbrook Corporation

    Listing date Aug 2, 2024

    Source Crexi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Oakbrook Corporation

    Overview

    McKee Road Flex Industrial Space

    This flex industrial space is located on McKee Road and offers 4,347 square feet of heated and cooled space. The layout includes a reception area, a 1,911 square foot clear span gym, three restrooms with three showers, a janitorial closet, a 1,250 square foot concrete floor mezzanine, and an office. Gas, electric, and trash/recycling services are shared with the neighboring tenant and billed back in CAM from the Landlord. The estimated operating expenses are $7.20 per square foot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Flex space

    Similar Places Nearby

    • Chef Dave Madison — 2951 Triverton Pike Dr, Fitchburg, WI 53711

    Map

    City
    Fitchburg
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.5019
    Latitude
    43.028

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      WI, Fitchburg - McKee Road

      5955 Mckee Rd, Unit 1ST, Fitchburg, WI 53719
      View Details
    • $15 SF/Yr

      Fitchburg Technology Campus Office Space

      Modern office space in Fitchburg Technology Campus available for rent.
      5525 Nobel Drive, Fitchburg, WI, 53711
      View Details
    • $15 SF/Yr

      Class A Office Space Available

      Modern office space with amenities in a vibrant neighborhood.
      5520 Nobel Drive, Fitchburg, WI, 53711
      View Details
    • $17 SF/Yr

      Fitchburg Class A Office Space

      Class A office space with high traffic exposure and amenities.
      5400 King James Way, Fitchburg, WI
      View Details
    • $16 SF/Yr

      Fitchburg Office/Retail Space For Lease

      Second-floor office/retail suite with high visibility and central location.
      2839 Fish Hatchery Rd, Fitchburg, WI 53713
      View Details
    • $16 SF/Yr

      Fitchburg Office Space for Rent

      Office suite with utilities included and 24/7 access.
      2976 Triverton Pike Dr, Fitchburg, WI
      View Details
    • $24 SF/Yr

      Retail Space with Drive-Thru

      End-cap retail space with drive-thru in Fitchburg, WI.
      3050 Cahill Main, Fitchburg, WI
      View Details
    • Contact for pricing

      Fitchburg Office/Warehouse Space Available

      Office and warehouse space in prime Fitchburg location for rent.
      6140 Cottonwood Dr, Fitchburg, WI
      View Details
    • $10 SF/Yr

      Flex Industrial Space on McKee

      Flex industrial space featuring offices and warehouse components.
      6064 McKee Rd, Fitchburg, WI
      View Details
    • $14 SF/Yr

      Fitchburg Office Space Available

      Office space for rent with parking and storage.
      2923 Marketplace Dr, Fitchburg, WI
      View Details
    • $15 SF/Yr

      Adaptable Lab and Office Space

      7,530 SF lab and office space for research and development.
      5520 Nobel Dr, Fitchburg, WI
      View Details
    • $7 SF/Yr

      Fitchburg Flex Industrial Space

      Flex industrial space featuring a clear span gym and mezzanine.
      6060 McKee Rd, Fitchburg, WI
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex industrial space with gym, mezzanine, and office.
    Where is this flex space located?
    The property is located at 6060 McKee Rd Fitchburg, WI.
    What are key features of this property?
    This property features: 4,347 SF of heated and cooled flex industrial space on McKee Road; Includes a 1,911 SF clear span gym; Features a 1,250 SF concrete floor mezzanine
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Tony Keuntjes
    Real Estate License ID: WI 92575-94
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!