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5989-5999 Monona Dr
Monona, WI 53716

$530,000 USD

Freestanding Condo For Sale  •  3,845 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 16,000 SF
  • Lot Size 1.34 AC
  • Building Class B
  • Year Built 2005
  • Cap Rate 7.96 %
  • Tenancy Multiple
  • Zoning C-2
0 Transit Score
81 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 0 Office 3,845 SF $530,000 USD
  • Unit Size: 3,845 SF
  • Condo Use: Office
  • Price: $530,000 USD
  • Sale Type: Investment
  • Price/SF: $137.84 USD
Description
We are pleased to present an exceptional investment opportunity in this modern office condo, currently leased to FINN Partners, a leading global communications agency. This well-located property boasts a five-year lease with over four years remaining, ensuring a steady stream of income for the discerning investor.

Sale Notes
Investment Potential:

With a strong tenant in place and an attractive cap rate, this property is perfect for investors looking to diversify their portfolios. The remaining lease term not only provides cash flow but also offers potential for future appreciation.

Property Highlights:

Tenant: FINN Partners, a reputable tenant known for their strong market presence and stability.

Lease Terms: 5-year lease with 4+ years remaining, providing reliability and security.

Sale Price: $530,000, offering an attractive entry point into the commercial real estate market.

Cap Rate: 8%, delivering an excellent return on investment.

Description

Prime Office Condo Investment Opportunity
We are pleased to present an exceptional investment opportunity in this modern office condo, currently leased to FINN Partners, a leading global communications agency. This well-located property boasts a five-year lease with over four years remaining, ensuring a steady stream of income for the discerning investor.

Property Flyers

Financial Summary

Cap Rate: 7.96 %
Total Expenses: $0 USD

Amenities

  • Signage

Public Transportation

AirportDriveWalkDistance
Dane County Regional/Truax Field 15 min - 8.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 55
Type: Surface
Included in Rent: Yes
Anton Keuntjes 608-443-1039 Oakbrook Corporation
Anton Keuntjes 608-443-1039 Oakbrook Corporation