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Madison, WI 53719 6417 Normandy Lane
$1,690,000
28 more
Presented By: ALTUS Commercial Real Estate, Inc.;
SQFT • 22,456
Year Built • 1987
Home Details
Elevator served 22,456 SF office building in an OPPORTUNITY ZONE! Currently 100% occupied. This three floor building is on a split level lot with parking lots on 1st & 2nd levels. Each level has lots of windows for natural light, new roof in 2014, break area/kitchenettes and restrooms. Easy access to West Beltline and minutes from downtown. Current 8.95% cap rate.
Presented By: ALTUS Commercial Real Estate, Inc.;
Interior Features for 6417 Normandy Lane
Other Interior Features
BasementPoured concrete foundatn
Ceiling Height Max10
Ceiling Height Min9
Heating/CoolingForced air, Central air
Stories3
Total Number of Units9
General for 6417 Normandy Lane
CityMadison
ClassBusiness/Comm
CountyDane
County Qtr SectionWest Metro Madison
DOM78
DirectionsOn Normandy Ln, just off S Yellowstone Dr., one block from Odana
Expenses129580
FeaturesPassenger elevator, Private Restrooms, Shared Restrooms, Signage available
FuelNatural gas
Gross Income233361
Items IncludedLeases.
Lease TypePartial net, Multiple years, Renewal options
LocationBusiness district, Free standing, Near Major Highway, Near public transportatn
MiscellaneousInternet - Cable, Internet - DSL, Internet -Fiber Available
Net Income103781
OccupancyTenant(s)
Present UseOffice
Price Per Sq Ft Total AG75.26
RoofComposition
StatusActive
Status Detail0
Tax Year2024
Tenant PaysHeat, Air Conditioning, Electric, Janitorial
Year Built1987
ZoningSE
Exterior for 6417 Normandy Lane
ExteriorBrick, Aluminum
Lot Size Area1.17
Street Frontage232
Water/WasteMunicipal water, Municipal sewer
Additional Details
Price History
Bobby Gregorich
Realtor ®