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    OFF-MARKET
    Office Spaces

    2401 Grimm St, Madison, WI 53704

    24,000 SF 3.3 ac lot Built 2013
    Property ID
    Property summary
    AI-generated overview

    This exceptional 24,000 square foot office and flex space building, constructed in 2013, presents a unique investment opportunity in Madison, Wisconsin. Situated on a 3.3-acre lot at 2401 Grimm St, 53704, this two-story building boasts 8,000 square feet of office space spread across two floors, featuring gas forced heat and air conditioning. The remaining space is adaptable flex space. The property includes 67 parking spaces, two drive-in doors, and one dock-high door, catering to diverse operational needs. A significant advantage is the 1600A switch gear power supply and a climate-controlled print area with humidity control. The warehouse area benefits from heating. Strategically located near the Dane County Regional Airport, this property offers convenient access to the Madison Metro system and the Interstate highway network. The property is zoned SE (Suburban Employment) and benefits from a long-term ground lease with the Dane County Regional Airport, extending until 2084. The asking price is $1,645,000. This property is ideal for businesses seeking a blend of office and flex space with excellent accessibility and a secure long-term lease. The APN is 081030404983.

    Property profile
    Verified
    Property type Office Spaces
    Year built 2013
    Total area 24,000 SF
    Lot 3.3 ac (143,748 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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