645 Sandpiper Trail Cottage Grove, WI $ 4,900,000
645 Sandpiper Trail
$ 4,900,000
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645 Sandpiper Trail

Cottage Grove, WI, 53527
$ 4,900,000
Bedrooms-- Baths-- Sq 19,623

Monthly Estimate*

$ 30,170

Listed by American, REALTORS
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View a Virtual Tour

Commercial Property for sale in Cottage Grove, WI

for $4,900,000. This 19,623 square foot building was built in 2024.

Exceptional owner-user or investment opportunity to acquire a brand-new, 19,622 SF Class-A flex complex at 645 Sandpiper Trail in rapidly growing Cottage Grove. Offered well below replacement cost, this modern facility accommodates retail, office, showroom, and warehouse needs. Majority of the 18,147 SF main building will be delivered vacant upon acquisition, providing a pristine canvas for an owner-occupant or an investor looking to lease at market rates in the expanding Madison economic hub. Adding incredible value is a separate, fully built-out 1,475 SF detached building featuring rental units that are 100% leased, providing immediate passive income to offset carrying costs from day one. Boasting new construction and low maintenance, this premier asset is positioned for long-term appreciation. Note: Advertised financials are pro forma, trading at a proposed 9.3% cap rate based on the partially vacant main building being leased at $19.50/SF NNN.

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Commercial Active

Price

$ 4,900,000

Property Type

Commercial

Taxes

$ 37,895

Style

Retail,Office,Service,Manufacturing,Warehouse,Indu

Year Built

2024

Town/City

Cottage Grove

County/Region

Dane

MLS | Web ID

2025939

Features
General
Lease Type Triple net Multiple years Renewal options
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 455963
Location Business district Corner
Tax Year 2025
Gross Income 465317
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 5
Price Per Sq Ft Total AG 249.71
Virtual Tour https://my.matterport.com/show/?m=hzxg2WBnh2R
County Qtr Section Dane SE
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Interior
Basement Slab/None Poured concrete foundatn
Total Number of Units 1
Heating/Cooling Forced air Central air Zoned heating
Stories 2
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Exterior
Exterior Steel
Lot Size Area 2.27
Lot Dimensions 303x330
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* Excluded Features
List By
American, Realtors

Broker

(608) 213-6686

Phone

David@baehrinc.com

Email

Affordability Calculator

$33,328
Per Month
91%
9%
0%
Monthly Principal & Interest
$30,170
Monthly Property Taxes
$3,158
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1568291 Elementary School
1568554 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/16/2026$4,900,000 Listed Price

Map


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645 Sandpiper Trail, Cottage Grove, WI, 53527 is a Commercial Property for sale at $4,900,000 with 19,623 sqft. 645 Sandpiper Trail was built in 2024. The property's zip code is 53527 which is in Cottage Grove, WI