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19,211 sqft

$4,900,000

645 Sandpiper Trail, Cottage Grove WI, 53527

Price per sqft$255.06
Built in2024
Property size19,211 sqft
Property typeCommercial
Courtesy of American, REALTORS, David Baehr

Overview

Active

Listed Jun 16, 2026

Updated Jul 16

Exceptional owner-user or investment opportunity to acquire a brand-new, 19,211 SF Class-A flex complex at 645 Sandpiper Trail in rapidly growing Cottage Grove. Offered well below replacement cost at $4,900,000, this asset accommodates retail, office, showroom, and warehouse needs. The 14,737 SF main building delivers a pristine canvas for an owner-occupant or value-add investor targeting the expanding Madison hub, arriving mostly vacant. Adding incredible value is a separate, fully built-out 4,474 SF detached building that is 100% leased, delivering immediate passive income to offset carrying costs from day one. Adjusted financials feature a strong 9.15% cap rate ($448,163 NOI), factoring in the recent rent adjustment, with massive upside via absorbing the vacant primary space at $19.50/SF NNN. Bypassing supply chain delays, this high-efficiency property is built for long-term appreciation.

Other Property Details

Taxes
$37,895
Tax Frequency
Annually
55+/Senior Community
No

Courtesy of American, REALTORS, David Baehr

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Data last updated 3:23 AM UTC, 7/16/2026

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