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The Raywood Building 6915 Raywood Rd 14,000 SF Industrial Building Monona, WI 53713 $1,450,000 ($103.57/SF) 6.97% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 24,000 cars per day
  • New offices in both units...18-22 foot ceilings in shop/warehouse
  • Just off Beltline Highway 12/18 & near Interstate 90

EXECUTIVE SUMMARY

What an incredible location!
Just off Hwy 12/18/Beltline at South Towne Drive on the Industrial Drive roundabout and near interstate 90. Over 24,000 cars per day. The building is currently set up as a two unit with one unit entrance on Raywood Road and one entrance on Industrial Drive. Each unit enters into new, contemporary office spaces with shop/warehouse space and docks. All shop/warehouse spaces have 18-22 foot ceilings and maximum heavy duty electrical services.
The building is located in an opportunity zone.
A perfect opportunity for an owner to occupy 6720 sq ft while the other unit of 7280 sq ft is leased. Unit B of 6720 sq ft is also available for lease.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $105,000 $7.50
Other Income - -
Vacancy Loss - -
Effective Gross Income $105,000 $7.50
Taxes - -
Operating Expenses $4,000 $0.29
Total Expenses $4,000 $0.29
Net Operating Income $101,000 $7.21

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $105,000
Annual Per SF $7.50
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $105,000
Annual Per SF $7.50
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual $4,000
Annual Per SF $0.29
Total Expenses
Annual $4,000
Annual Per SF $0.29
Net Operating Income
Annual $101,000
Annual Per SF $7.21

PROPERTY FACTS

Price $1,450,000
Price Per SF $103.57
Sale Type Investment or Owner User
Cap Rate 6.97%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Showroom
  • Industrial Distribution
  • Industrial Manufacturing
Building Class C
Lot Size 0.72 AC
Rentable Building Area 14,000 SF
No. Stories 1
Year Built/Renovated 1970/2017
Parking Ratio 1.07/1,000 SF
Clear Ceiling Height 18’
No. Dock-High Doors/Loading 4
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes
Zoning Commercial/Industrial - The Commercial/Industrial Zoning District is characterized by retail, service, commercial, office, recreational, warehouse and light industrial uses.

AMENITIES

  • 24 Hour Access
  • Floor Drains
  • Mezzanine
  • Signage
  • Storage Space
  • Air Conditioning
  • Fiber Optic Internet

UTILITIES

  • Lighting - Fluorescent
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Shine Medical
  • Manufacturing
  • 7,280 SF
  • $7.50
  • Triple Net
  • Aug 2026
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Shine Medical Manufacturing 7,280 SF $7.50 Triple Net Aug 2026

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0710-302-7165-8
Land Assessment
$97,800
Improvements Assessment
$1,042,900
Total Assessment
$1,140,700
Annual Taxes
$0 ($0.00/SF)
Tax Year
2024
  • Listing ID: 36028072

  • Date on Market: 5/29/2025

  • Last Updated:

  • Address: 6915 Raywood Rd, Monona, WI 53713

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