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    310 Locust Dr Verona, WI 53593

    Sponsored
    For Lease
    $8 SF/Yr ($14,166 /Mo)

    Modern Flex Space, 5,000-20,000 SF Available

    Lot size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional new construction flex space in Verona, Wisconsin, offers 20,000 square feet of versatile industrial space, divisible to a minimum of 5,000 square feet. Located in Dane County and zoned SI - Suburban Industrial, the property is ideally suited for a variety of businesses. The building boasts modern amenities including a fully sprinklered system, energy-efficient LED lighting, and robust 3-phase electrical service. Heating is provided by a Modine system. Four 12' x 12' overhead doors provide convenient access, complemented by a shared exterior loading dock. The lease rate ranges from $8.50 to $9.00 per square foot, triple net (NNN), with a minimum lease term of three years. Tenants are responsible for utilities including gas, electricity, water, recycling/garbage disposal, phone/data services, and in-suite janitorial services. The estimated delivery date for this prime industrial space is September 1, 2024. This is a rare opportunity to secure brand new, high-quality flex space in a desirable location. Contact us today to learn more and schedule a viewing.

    Property Features for 310 Locust Dr

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,000 SF
    Total Rate
    14166.67

    Unit(s) available at that property

    Space
    Available Space
    Size
    20,000 SF
    Rate per SF
    $9

    HighLights

    • 20,000 SF industrial flex space available in Dane County.
    • 5,000 - 20,000 SF divisible units available.
    • New construction with estimated delivery September 1, 2024.
    • Lease rate: $8.50 - $9.00/SF NNN, 3‑year minimum lease term.
    • Features include four 12' x 12' overhead doors, one shared exterior loading dock, 3‑phase power, LED lighting, and a fully sprinklered system.
    Property Profile Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Verona
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.5343559
    Latitude
    42.9751827

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    FAQs

    What type of property is this?
    Flex space - Modern Flex Space, 5,000-20,000 SF Available
    Where is this flex space located?
    The property is located at 310 Locust Dr Verona, WI.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: 20,000 SF industrial flex space available in Dane County.; 5,000 - 20,000 SF divisible units available.; New construction with estimated delivery September 1, 2024.
    Request Owner's contact information
    310 Locust Dr Verona, WI 53593
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    Realmo Value Estimation

    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.

    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.

    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
    310 Locust Dr Verona, WI 53593
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