4645 HwyOregon, WI 53575

For Sale
$10,475,000

High-return commercial property with expansion potential.

Overview

Added:
Feb 3
Days on market:
39
This exceptional 18-acre commercial property, completed in 2024, presents a lucrative investment opportunity in Oregon, WI. Strategically located at the intersection of Highway 138 and Highway 14, this development comprises two modern, high-quality buildings totaling 42,000 square feet. One building, a 21,000 square-foot facility, is designed for retail and manufacturing operations, incorporating a cutting-edge clean room and advanced technology. The second building, also 21,000 square feet, is specifically equipped for food manufacturing. Both buildings are currently under triple-net (NNN) leases with a favorable 3% annual escalation clause, ensuring consistent rental income growth. Adding to the property's income stream are 36,800 square feet of mini and RV storage units, currently operating at 80% occupancy. The property also includes 46 outdoor parking spaces. With 3-4 acres of undeveloped land, there's significant potential for future expansion and development. The property currently boasts an 8.25% capitalization rate, offering a strong return on investment with further upside potential as the storage units reach full occupancy. This is a rare opportunity to acquire a high-performing, multi-faceted commercial property in a prime location. The asking price is $10,475,000.

Property Details for 4645 Hwy

Property type
Other commercial real estate
Square Feet
80,600 SF
Year Built
2022
Lot Size (sq. ft)
784,080 SF

Location Insight

City
Oregon
County
DANE
State
Wisconsin
Latitude
42.9305
Longitude
-89.3882
4645 Hwy, Oregon, Wisconsin

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4645 Hwy
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