2605 Research Park Dr Fitchburg, WI 53711
This exceptional investment opportunity presents a 10,000-square-foot, single-tenant retail property in Fitchburg, Wisconsin, fully occupied by The Learning Experience, a leading childcare provider. The property boasts a brand-new, 20-year net lease commencing September 1, 2024, and expiring August 31, 2044, with two 5-year option periods. Rent increases of 11% every five years provide inflation-resistant cash flow. The property features a substantial 1.75-acre lot, ample parking (40 spaces), and multiple points of ingress/egress. Located in a prime location within the Madison MSA, this new construction building includes a 5,000-square-foot play area, ensuring a strong tenant occupancy and high demand. The property generates a Net Operating Income (NOI) of $435,000, resulting in an attractive 7.30% cap rate. The asking price is $5,960,000. This investment offers a secure, long-term opportunity in a thriving market with a nationally recognized tenant. The property's strategic location within a dense residential area, near schools and commercial office buildings, further enhances its appeal. The building is a 2024 prototype with a 20-year roof warranty. The tenant's strong enrollment and the property's features contribute to a compelling investment proposition.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.