5459 Fen Oak Dr
Madison, WI 53718
Office Property For Sale
Investment Highlights
- 12% cap rate
- Landlord will allow proposed buyer, once an offer is accepted, to negotiate with BB7 for extensions
Property Facts
Amenities
- Air Conditioning
About 5459 FEN OAK DR , MADISON, WI 53718
Net Leased Office Building for Sale in Madison Wi Investment Highlights: 12% cap rate; 31,198 sq. ft. Building; 3.45 acres; Built in 2006; Landlord will allow proposed buyer, once an offer is accepted, to negotiate with BB7 for extensions. Tenant Overviews: bb7: Third option expires on 6/30/24 , 2 – 5 year options available to tenant, 25,101 sq. ft. MarquipWardUnited: Current 2nd option expires on 6/30/25, One 5 year option remains, 6,097 Sq. Ft bb7 was created by the merger of Bjorksten Labs and BIT7 in the year 2000. Bjorksten Labs was founded in 1944 and BIT 7 in 1992. Through this merger they have been able to offer innovative product design strategies to great companies such as Leer, Motorola, Bosch, ThermoFisher Scientific, John Deere, General Electric and Baxter. MarquipWardUnited one of the nine subsidiaries of BW Papersystems, a division of Barry-Wehmiller which is a $2.4 billion dollar capital equipment and engineering solutions firm with over 100 locations internationally. MarquipWardUnited specifically offers specialized Corrrugators, Finishers, and Sheeters of paper. Please visit www.marquipwardunited.com for more information.
Property Taxes
| Parcel Number | 0710-221-0409-7 | Improvements Assessment | $3,381,000 |
| Land Assessment | $495,000 | Total Assessment | $3,876,000 |
Property Taxes
