5459 Fen Oak Dr | Madison, WI 53718
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5459 Fen Oak Dr
Madison, WI 53718
Office Property For Sale
Investment Highlights
- Large break room and patio area
- Built in 2007
Executive Summary
31,197 total sq. ft. building; 26,297 sq. ft. currently available for lease or owner occupant; Marquip-Ward United, Inc. lease goes through June, 2025 (6,097 sq. ft.); Existing lease is NNN and has 2.5% annual escalators; Class A building backing up to a quiet wooded area; Abundant natural light throughout the building with tranquil views; Large break room and patio area; Built in 2007; 2024 Assessments: Land Value: $495,000; Improved Value: $3,381,000; Total Value: $3,876,000; Sale Price: $5,900,000
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
31,197 SF
Building Class
B
Year Built
2006
Price
$5,900,000
Price Per SF
$189
Percent Leased
16%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
31,197 SF
Building FAR
0.21
Lot Size
3.45 AC
Zoning
C - Commercial
Parking
102 Spaces (3.27 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 0710-221-0409-7 | Improvements Assessment | $3,381,000 |
| Land Assessment | $495,000 | Total Assessment | $3,876,000 |
PROPERTY TAXES
Parcel Number
0710-221-0409-7
Land Assessment
$495,000
Improvements Assessment
$3,381,000
Total Assessment
$3,876,000
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