Listing Office: American, REALTORS
645 Sandpiper Trail, Cottage Grove, WI
$5,500,000 - New Tech
19,623
Square feet
2.27
Acres
About 645 Sandpiper Trail
Exceptional investment opportunity to acquire a brand-new 19,623 SF flex complex in the heart of rapidly growing Cottage Grove. This modern, state-of-the-art property is designed for maximum versatility—retail, office, and warehouse—and is strategically located in the expanding Madison economic hub, offering excellent visibility, accessibility, and long-term appreciation potential. The property is secured by New Tech, a high-quality, reputable tenant under a 10-year lease with 2% annual rent increases, delivering a 7.3% cap rate and reliable cash flow. Combining new construction with a strong tenant commitment, this asset offers investors a secure, low-maintenance property positioned for both immediate income and sustained growth in a thriving market.
Features of 645 Sandpiper Trail
| MLS® # | 1994628 |
|---|---|
| Price | $5,500,000 |
| Square Footage | 19,623 |
| Acres | 2.27 |
| Year Built | 2024 |
| Type | Commercial |
| Sub-Type | Retail/Mixed Use |
| Status | Active |
| Lake Name | New Tech |
Community Information
| Address | 645 Sandpiper Trail |
|---|---|
| Area | COTTAGE GROVE - V |
| City | Cottage Grove |
| County | Dane |
| State | WI |
| Zip Code | 53527 |
Amenities
| Features | Overhead doors, Truck dr(s) 15ft or lower, Private Restrooms, 3 phase electric, Reception area, Signage available, Security system, Internal sprinkler, Private office(s) |
|---|---|
| Parking | 36-55 spaces, Onsite, Paved |
Exterior
| Exterior | Steel |
|---|---|
| Roof | Rubber/membrane |
Additional Information
| Days on Market | 224 |
|---|---|
| Zoning | PB |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Taxes | $6,712 |
| Tax Year | 2025 |
| Agent | David Baehr |
| Office | American, REALTORS |
Listing Details
| Office | American, REALTORS |
|---|