This exceptional investment opportunity presents a 39,972-square-foot industrial property located at 8840 N Greenview Dr, Middleton, WI 53562. The property, built in 1998 and situated on 3.1 acres, boasts a compelling combination of features, including 18,380 square feet of office space and 21,592 square feet of industrial space. A significant highlight is the specialized facility, featuring multiple cleanrooms and lab space, with a high-quality industrial finish (excluding a small loading dock area). The Class 10,000 square-foot cleanroom is crucial for the tenant's manufacturing processes. The property is currently 100% occupied under an absolute triple-net (NNN) lease with a corporate guarantee, offering zero landlord responsibilities. The lease, with a remaining term of 11.5 years, commenced September 7, 2005, and expires May 19, 2036, featuring annual rental escalations. The asking price is $6,700,000, representing a 7.56% cap rate and a NOI of $506,516. The tenant, Wi2Wi, a global manufacturer of wireless connectivity, timing, and frequency control devices, demonstrates a strong commitment with a recent 12-year lease extension. The property benefits from its location in a thriving business park within a high-income area; Middleton is a suburban city near Madison, Wisconsin. This offering presents a secure, long-term investment with significant upside potential.
Property Features for 8840 Greenview Dr
General Information
Property type
Distribution properties
Square Feet
39,972 SF
Lot Size
135,036 SF
Building Details
Year Built
1998
HighLights
$6,700,000 asking price, 7.56% cap rate, and $506,516 NOI.
Absolute NNN net lease with corporate guarantee, 11.5 years remaining on a 30.7‑year lease.
39,972 SF building on 3.1 acres; 18,380 SF office, 21,592 SF industrial space.
Specialized facility with multiple cleanrooms and a Class 10,000 cleanroom; high‑quality industrial finish (excluding loading dock).
Annual rent escalations.
Tenant, Wi2Wi, is a global manufacturer of wireless connectivity and frequency control devices.
Distribution property - Rare NNN Lease, Strong Tenant, High NOI
Where is this distribution property located?
The property is located at 8840 Greenview Dr Middleton, WI.
What is the asking price?
The asking price for this property is $6,700,000.
What are key features of this property?
This property features: $6,700,000 asking price, 7.56% cap rate, and $506,516 NOI.; Absolute NNN net lease with corporate guarantee, 11.5 years remaining on a 30.7-year lease.; 39,972 SF building on 3.1 acres; 18,380 SF office, 21,592 SF industrial space.
Request Owner's contact information
8840 Greenview Dr Middleton, WI 53562
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.
8840 Greenview Dr Middleton, WI 53562
Message sent successfully
Error
Email to Your Friends
Message sent successfully
Error
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
8840 Greenview Dr Middleton, WI 53562
More about this listing
8840 Greenview Dr, Middleton, WI
Deno Bistolarides
Contact Person
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Request price
8840 Greenview Dr, Middleton, WI
Deno Bistolarides
Contact Person
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Property Records & Analytics
8840 Greenview Dr, Middleton, WI
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Request Owner's contact information
8840 Greenview Dr, Middleton, WI
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Current Estimation by Request
8840 Greenview Dr, Middleton, WI
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Send Message
to 8840 Greenview Dr Middleton, WI 53562
8840 Greenview Dr, Middleton, WI
Deno Bistolarides
Contact Person
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Google sign-in failed. Please try again or use another login method.