645 Sandpiper Trail Cottage Grove, WI ^$ 5,500,000

645 Sandpiper Trail

^$ 5,500,000

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645 Sandpiper Trail

Cottage Grove, WI, 53527

^$ 5,500,000

Bedrooms-- Baths-- Sq 19,623

Monthly Estimate*

^$ 34,313

Listed by American, REALTORS

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View a Virtual Tour

Commercial Property for sale in Cottage Grove, WI

for $5,500,000. This 19,623 square foot building was built in 2024.

Exceptional investment opportunity to acquire a brand-new 19,623 SF flex complex in the heart of rapidly growing Cottage Grove. This modern, state-of-the-art property is designed for maximum versatilityâretail, office, and warehouseâand is strategically located in the expanding Madison economic hub, offering excellent visibility, accessibility, and long-term appreciation potential. The property is secured by New Tech, a high-quality, reputable tenant under a 10-year lease with 2% annual rent increases, delivering a 7.3% cap rate and reliable cash flow. Combining new construction with a strong tenant commitment, this asset offers investors a secure, low-maintenance property positioned for both immediate income and sustained growth in a thriving market.

Commercial Active

Price

^$ 5,500,000

Property Type

Commercial

Taxes

^$ 6,712

Style

Retail,Office,Service,Manufacturing,Warehouse,Indu

Year Built

2024

Town/City

Cottage Grove

County/Region

Dane

MLS | Web ID

1994628

Features

General

Lease Type Multiple years Renewal options Triple net

Features Overhead doors Truck dr(s) 15ft or lower Private Restrooms 3 phase electric Reception area Signage available Security system Internal sprinkler Private office(s)

Roof Rubber/membrane

Zoning PB

Occupancy Tenant(s)

Tenant Pays All expenses

County Dane

Miscellaneous Internet -Fiber Available

Class Business/Comm

Present Use Retail Office Warehouse

Net Income 399600

Location Business district Corner

Tax Year 2025

Gross Income 399600

Fuel Natural gas

Status Active

Status Detail 0

Year Built 2024

Directions Northwest Corner of Cottage Grove Rd and Sandpiper Trl

City Cottage Grove

DOM 274

Price Per Sq Ft Total AG 280.28

Virtual Tour https://my.matterport.com/show/?m=hzxg2WBnh2R

County Qtr Section Dane SE

Interior

Basement Poured concrete foundatn Slab/None

Total Number of Units 1

Heating/Cooling Central air Forced air Zoned heating

Stories 2

Exterior

Exterior Steel

Lot Size Area 2.27

Lot Dimensions 303x330

* Excluded Features

List By

American, Realtors

Broker

(608) 213-6686

Phone

David@baehrinc.com

Affordability Calculator

$34,872

Per Month

Monthly Principal & Interest: $34,313
Monthly Property Taxes: $559
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Cottage Grove, WI

Average List Price ^$2,531,647

Percent of Sale Price 54%

About Cottage Grove, WI

6,693 Population

42% Since 2002

^$88,732 Median Income

38.77 Median Age

41% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1568291 Elementary School

1568554 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/8/2025	$5,500,000	-6.78%	Price Down
3/6/2025	$5,900,000		Listed Price

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645 Sandpiper Trail, Cottage Grove, WI, 53527 is a Commercial Property for sale at $5,500,000 with 19,623 sqft. 645 Sandpiper Trail was built in 2024. The property's zip code is 53527 which is in Cottage Grove, WI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the South Central Wisconsin Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the SCWMLS approved logo and detailed information about them includes the name of the listing brokers.

The information being provided is 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.

This information, provided by seller, listing broker, and other parties, may not have been verified.

Data is updated as of 12/7/2025.

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645 Sandpiper Trail

Commercial Property for sale in Cottage Grove, WI

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