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5989-5999 Monona Dr - Frost Woods Commons
3,845 SF Office Condo Unit Offered at $530,000 in Monona, WI 53716
Executive Summary
Prime Office Condo Investment Opportunity We are pleased to present an exceptional investment opportunity in this modern office condo, currently leased to FINN Partners, a leading global communications agency. This well-located property boasts a five-year lease with over four years remaining, ensuring a steady stream of income for the discerning investor.
Property Facts
| Price | $530,000 | Building Class | B |
| Unit Size | 3,845 SF | Floors | 1 |
| No. Units | 1 | Typical Floor Size | 16,000 SF |
| Total Building Size | 16,000 SF | Year Built | 2005 |
| Property Type | Retail (Condo) | Lot Size | 1.34 AC |
| Property Subtype | Freestanding | Parking Ratio | 3.91/1,000 SF |
| Sale Type | Investment |
| Price | $530,000 |
| Unit Size | 3,845 SF |
| No. Units | 1 |
| Total Building Size | 16,000 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Freestanding |
| Sale Type | Investment |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 16,000 SF |
| Year Built | 2005 |
| Lot Size | 1.34 AC |
| Parking Ratio | 3.91/1,000 SF |
1 Unit Available
Unit 0
| Unit Size | 3,845 SF | Sale Type | Investment |
| Price | $530,000 | Cap Rate | 7.96% |
| Price Per SF | $137.84 | NOI | $42,171 |
| Condo Use | Office | APN/Parcel ID | 0710-201-6209-2 |
| Unit Size | 3,845 SF |
| Price | $530,000 |
| Price Per SF | $137.84 |
| Condo Use | Office |
| Sale Type | Investment |
| Cap Rate | 7.96% |
| NOI | $42,171 |
| APN/Parcel ID | 0710-201-6209-2 |
Description
We are pleased to present an exceptional investment opportunity in this modern office condo, currently leased to FINN Partners, a leading global communications agency. This well-located property boasts a five-year lease with over four years remaining, ensuring a steady stream of income for the discerning investor.
Sale Notes
Investment Potential:
With a strong tenant in place and an attractive cap rate, this property is perfect for investors looking to diversify their portfolios. The remaining lease term not only provides cash flow but also offers potential for future appreciation.
Property Highlights:
Tenant: FINN Partners, a reputable tenant known for their strong market presence and stability.
Lease Terms: 5-year lease with 4+ years remaining, providing reliability and security.
Sale Price: $530,000, offering an attractive entry point into the commercial real estate market.
Cap Rate: 8%, delivering an excellent return on investment.
Amenities
- Signage
zoning
| Zoning Code | C-2 |
| C-2 |
-
Anton Keuntjes -
Bryant Meyer -
Oakbrook Corporation
Learn More About Investing in Retail Properties
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5989-5999 Monona Dr - Frost Woods Commons
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