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8494 Market St 3,850 SF Flex Building Middleton, WI 53562 $1,067,143 ($277.18/SF) 7% Cap Rate
Investment Highlights
- Newly renovated 3,850 SF flex building with updated mechanical systems, including a new furnace (2025), metal roof (2024), and more!
- Includes about 1,200 SF of office space with five rooms, a bathroom with shower, washer/dryer, a full kitchen, and dedicated living/lounge areas.
- Ideally positioned near Greenway Station and Highway 14, providing excellent accessibility to major thoroughfares and surrounding business activity.
- Features approximately 2,700 SF of heated/cooled warehouse space with three drive-in doors (12' H x 16' W), floor drains, and water spigots.
- Equipped with central AC and heating, remote smart capabilities, and both interior and exterior security cameras for modern operational needs.
- NNN leased to a strong tenant with two one-year renewal options and a 3.5% annual increase in rent, creating income stability for investors.
Executive Summary
Free standing building NNN leased to NASDAQ listed DocGo Inc., DBA Ryan Brothers Ambulance, through 7/31/29 with 2 (1) year options and 3.5% annual increases. This like-new 3,850sf flex building has been recently renovated and is in a fantastic location next to Greenway Station and Highway 14. There's a ~2,700sf warehouse with 3 heated/cooled garage bays with 12' H x 16' W overhead doors, floor drains, and water spigots. The ~1,200sf office space has 5 rooms, 1 bathroom with a shower, washer/dryer, and kitchen and living/lounge area. Central AC and heating throughout the building. Recent updates include a new furnace in 2025, new metal roof in 2024, ozone sterilization in each HVAC system, cameras (interior and exterior), and remote smart capabilities. There are 8 of these buildings in 3 counties. Buy one or all.
Property Facts
| Price | $1,067,143 | Rentable Building Area | 3,850 SF |
| Price Per SF | $277.18 | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built/Renovated | 2012/2026 |
| Cap Rate | 7% | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 1.02/1,000 SF |
| Building Class | B | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 0.48 AC | ||
| Zoning | PDD-S - Planned Development District - Specific Implementation Plan | ||
| Price | $1,067,143 |
| Price Per SF | $277.18 |
| Sale Type | Investment NNN |
| Cap Rate | 7% |
| Property Type | Flex |
| Building Class | B |
| Lot Size | 0.48 AC |
| Rentable Building Area | 3,850 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2012/2026 |
| Tenancy | Single |
| Parking Ratio | 1.02/1,000 SF |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | PDD-S - Planned Development District - Specific Implementation Plan |
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 0708-103-9835-2 | Improvements Assessment | $232,700 |
| Land Assessment | $284,100 | Total Assessment | $516,800 |
Property Taxes
Parcel Number
0708-103-9835-2
Land Assessment
$284,100
Improvements Assessment
$232,700
Total Assessment
$516,800
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