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    1025 Quinn Dr Waunakee, WI 53597

    Sponsored
    For Lease
    $9 SF/Yr

    Flexible office solutions in Dane County.

    Lot size:
    5,114 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    415
    This Waunakee, Wisconsin property at 1025 Quinn Dr, zip code 53597, offers a diverse range of office solutions to suit various business needs. The space caters to businesses of all sizes, from solo entrepreneurs to large corporations, providing flexible options for traditional office space, executive suites, coworking areas, medical offices, and creative work environments. Tenancy is multiple, allowing for a variety of configurations. Businesses can choose from fully furnished and equipped private offices, customizable to their specific requirements, ranging from single-person setups to large-scale deployments. Coworking options are also available, offering shared workspaces and hot-desking arrangements. Meeting rooms of various sizes are available for rent, equipped with Wi-Fi and presentation technology, suitable for informal meetings, training sessions, interviews, board meetings, or conferences. Virtual office services are also provided, including prestigious business addresses, mail handling, and professional virtual assistant support. Flexible working plans offer access to a global network of workspaces, providing options for access to private offices or coworking spaces on a daily, weekly, or monthly basis. The property's location in Dane County offers convenient access to local amenities and transportation. While the total building square footage is not specified, the available office spaces range from small to large, accommodating a wide spectrum of business sizes and needs.

    Property Features for 1025 Quinn Dr

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,114 SF

    Unit(s) available at that property

    Space
    Virtual Office
    Size
    54 SF
    Rate per SF
    $39
    Space
    Flexible coworking membership
    Size
    108 SF
    Rate per SF
    $13
    Space
    Flexible office membership
    Size
    108 SF
    Rate per SF
    $24
    Space
    Private office for 1 person
    Size
    538 SF
    Rate per SF
    $9
    Space
    Private office for 2 people
    Size
    538 SF
    Rate per SF
    $13
    Space
    Private office for 3 people
    Size
    646 SF
    Rate per SF
    $20
    Space
    Private office for 4 people
    Size
    646 SF
    Rate per SF
    $25
    Space
    Open plan office space for + 10 people
    Size
    1,184 SF
    Rate per SF
    $25
    Space
    Open plan office space for + 15 people
    Size
    1,292 SF
    Rate per SF
    $29

    We can help!

    Listing Contact
    California Regus 4

    Learn more

    Property Insight Report

    HighLights

    • Private furnished offices available, accommodating businesses of all sizes, from single‑person setups to large corporations.
    • Coworking spaces with dedicated desks and hot‑desking options are available.
    • Meeting rooms equipped with technology are available for rent.
    • Virtual office services including mail handling and call answering are offered.
    • Flexible membership options provide access to a global network of workspaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Waunakee
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.4294888
    Latitude
    43.180779

    Nearby Comparable

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    Nearby Similar for Lease

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      Waunakee Retail Space For Lease

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      Waunakee Office Space For Rent

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      Prime Dane County Office Space

      Move-in ready office, excellent location.
      1030 Lillian St, Waunakee, WI 53597
      View Details
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      3,865 SF

      Retail Space in Waunakee Center

      Neighborhood retail center with ample parking and signage.
      205-249 S Century Ave, Waunakee, WI 53597
      View Details
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      Waunakee Retail Center Space Available

      Retail space available in a 56,000 sq. ft. neighborhood center.
      233 S Century Ave | Waunakee, Waunakee, WI 53597
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      Retail Space in Waunakee, WI

      Retail storefront available for lease in Waunakee, Wisconsin.
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    • Contact for pricing

      Waunakee Retail and Office Suites

      Multiple small retail and office suites available for lease.
      1001 Arboretum Dr, Waunakee, WI 53597
      View Details
    • Contact for pricing
      3,980 SF

      Versatile Warehouse with Office Space

      3,980 sq ft warehouse with office in Waunakee, WI.
      201 Moravian Valley Rd, Waunakee, WI 53597
      View Details
    • $16 SF/Yr
      12,737 SF

      Waunakee Business Park Office Space

      Top floor office space in Waunakee Business Park.
      251 Progress Way, Waunakee, WI 53597
      View Details
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      1,201 SF

      Retail Space on Main Street

      Retail space available for lease on Main Street.
      203 E Main St, Waunakee, WI 53597
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    FAQs

    What type of property is this?
    Office space - Flexible office solutions in Dane County.
    Where is this office space located?
    The property is located at 1025 Quinn Dr Waunakee, WI.
    What is the lease rate?
    The lease rate is $9-$39 SF/Yr.
    What are key features of this property?
    This property features: Private furnished offices available, accommodating businesses of all sizes, from single-person setups to large corporations.; Coworking spaces with dedicated desks and hot-desking options are available.; Meeting rooms equipped with technology are available for rent.
    Request Owner's contact information
    1025 Quinn Dr Waunakee, WI 53597
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    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
    1025 Quinn Dr Waunakee, WI 53597
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    Listing Contact
    California Regus 4
    Real Estate License ID: FLBO
    Learn more
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