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645 Sandpiper Trail

Cottage Grove, WI 53527
  • $4,900,000
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: 2025939
UPDATED: 79 min ago
$4,900,000
  • 0
    BEDS
  • 2.27
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 19,623
    SQFT
  • $250
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2024
County:

School Ratings & Info

Listing provided by American, REALTORS: 608-834-2600

Description

Exceptional owner-user or investment opportunity to acquire a brand-new, 19,622 SF Class-A flex complex at 645 Sandpiper Trail in rapidly growing Cottage Grove. Offered well below replacement cost, this modern facility accommodates retail, office, showroom, and warehouse needs. Majority of the 18,147 SF main building will be delivered vacant upon acquisition, providing a pristine canvas for an owner-occupant or an investor looking to lease at market rates in the expanding Madison economic hub. Adding incredible value is a separate, fully built-out 1,475 SF detached building featuring rental units that are 100% leased, providing immediate passive income to offset carrying costs from day one. Boasting new construction and low maintenance, this premier asset is positioned for long-term appreciation. Note: Advertised financials are pro forma, trading at a proposed 9.3% cap rate based on the partially vacant main building being leased at $19.50/SF NNN.

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© 2026 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Klodowski Real Estate. Data last updated: 2026-07-10T08:41:27.757.
www.klodowskirealestate.com/homes/177756655
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645 Sandpiper Trail Cottage Grove, WI 53527

  • Price: $4,900,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 79 min ago
  • ID#: 2025939
0
Beds
0
Baths
0
½ Baths
2.27
Acres
19,623
SQFT
$250
$/SQFT
2024
Built
Neighborhood:
Cottage Grove - V
County:
Dane
Area:
Cottage Grove - V
Property Description
Exceptional owner-user or investment opportunity to acquire a brand-new, 19,622 SF Class-A flex complex at 645 Sandpiper Trail in rapidly growing Cottage Grove. Offered well below replacement cost, this modern facility accommodates retail, office, showroom, and warehouse needs. Majority of the 18,147 SF main building will be delivered vacant upon acquisition, providing a pristine canvas for an owner-occupant or an investor looking to lease at market rates in the expanding Madison economic hub. Adding incredible value is a separate, fully built-out 1,475 SF detached building featuring rental units that are 100% leased, providing immediate passive income to offset carrying costs from day one. Boasting new construction and low maintenance, this premier asset is positioned for long-term appreciation. Note: Advertised financials are pro forma, trading at a proposed 9.3% cap rate based on the partially vacant main building being leased at $19.50/SF NNN.
Exterior Features

Building Parking 36-55 spacesOnsitePaved Exterior Steel Loading Docks 0 Location Business districtCorner Roof Rubber/membrane Type RetailOfficeServiceManufacturingWarehouseIndustrialAutomotive

Interior Features

Basement Poured concrete foundatnSlab/None Ceiling Height Max 21 Ceiling Height Min 9 Commercial Features Overhead doorsTruck dr(s) 15ft or lowerPrivate Restrooms3 phase electricReception areaSignage availableSecurity systemInternal sprinklerPrivate office(s) Heating Cooling Central airForced airZoned heating Unit1 Gross Sq Ft 0

Property Features

Annual Operating Expenses 9354 Business Sale No City Town Or Village Village County Quarter Dane SE Documents On File Lease(s)Blue printsCertified survey map Fuel Natural gas Gross Operating Income 465317 Lease Only No Lease Type Multiple yearsRenewal optionsTriple net Mailing City Cottage Grove Miscellaneous Internet -Fiber Available Net Operating Income 455963 Net Taxes 37895 Occupancy Tenant(s) Present Use RetailOfficeWarehouse Real Estate Sale Yes Sale Includes Furniture Source Sq Ft Blue Print Tax Year 2025 Tenant Pays All expenses Terms Misc Seller may assist Unit1 Annual Rent Per Sq Ft 0 Water Waste Municipal sewerMunicipal water Year Built Source Builder Zoning PB

Listing information © 2026 South Central Wisconsin MLS.
Listing provided courtesy of American, REALTORS: .



© 2026 South Central Wisconsin MLS Corporation. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Klodowski Real Estate. Data last updated: 2026-07-10T08:41:27.757.
 
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Klodowski Real Estate
N8053 State Road 33, Suite 2
Beaver Dam WI, 53916
Listing provided by American, REALTORS: 608-834-2600