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Property profile

6320 Monona Dr Monona, WI 53716

OFF-MARKET
Office Spaces
1,698 SF
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Property summary

AI-generated overview

This exceptional investment opportunity presents a multi-tenant office building ideally situated at 6320 Monona Drive in Monona, Wisconsin, 53716. The property, known as The Professional Centre, is a Class C, 1,698 square foot executive office building currently operating at 75% occupancy under a gross lease structure. Asking price is $900,000. The building boasts excellent visibility and convenient access from Monona Drive, placing it just north of the Beltline Highway, ensuring high traffic visibility and easy commutes for tenants. Amenities include ample on-site surface parking, a significant advantage in this location. The building also features elevator access for convenient multi-floor access and shared conference and waiting rooms on each floor, enhancing tenant experience and collaboration opportunities. Tenants are responsible for their own phone and internet services. This presents a strong opportunity for investors seeking a well-located, multi-tenant office building with existing income and potential for future growth. The property's strategic location and desirable amenities make it an attractive option for a variety of businesses.

Property profile

Verified
Property type Office Spaces
Total area 1,698 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Counselor
  • IT Consulting Firm (Bike/Boat/Book/etc) Store
  • Psychotherapist Counselor
  • Training Center Vocational School
  • Law Firm Financial Advisor

Location

6320 Monona Dr Monona, WI 53716
Monona metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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