6417 Normandy Ln
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
6417 Normandy Ln
18,563 SF 100% Leased Office Building Madison, WI 53719 £1,350,851 (£73/SF) 8.95% Net Initial Yield
Investment Highlights
- Located in OPPORTUNITY ZONE!
- Handicap accessible and ample parking
- Well maintained, elevator served building.
- Easy access to West Beltline and Downtown Madison
Executive Summary
Elevator served 22,456 SF office building in an OPPORTUNITY ZONE! Currently 100% occupied. This three floor building is on a split level lot with parking lots on 1st & 2nd levels. Each level has lots of windows for natural light, new roof in 2014, break area/kitchenettes and restrooms. Easy access to West Beltline and minutes from downtown. Current 8.95% cap rate.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
18,563 SF
Building Class
B
Year Built
1994
Price
£1,350,851
Price Per SF
£73
Net Initial Yield
8.95%
NOI
£120,901
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
7,238 SF
Slab to Slab
10 ft
Building FAR
0.36
Lot Size
1.17 AC
Opportunity Zone
Yes
Zoning
SE
Parking
68 Spaces (3.68 Spaces per 1,000 SF Leased)
Amenities
- Bus Route
- Signage
PROPERTY TAXES
| Parcel Number | 0708-251-0412-1 | Improvements Assessment | £659,369 |
| Land Assessment | £363,007 | Total Assessment | £1,022,376 |
PROPERTY TAXES
Parcel Number
0708-251-0412-1
Land Assessment
£363,007
Improvements Assessment
£659,369
Total Assessment
£1,022,376
1 of 6
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
6417 Normandy Ln
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.