For Sale
$2,720,000

5380 King James WayFitchburg, WI 53719

Fully Leased Flex Space, Dane County

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a fully-leased, 29,353 square foot flex industrial building situated on a 1.961-acre lot at 5380 King James Way, Fitchburg, WI 53719. The property boasts a prime location with high visibility on Verona Rd/Highway 151, experiencing 42,400 vehicles daily, enhanced by a prominent pylon sign. Constructed in 1990, the building houses a mix of office, showroom, and industrial space, currently occupied at 100% capacity by established businesses including a long-term anchor tenant (nearly 30 years). Recent improvements include resealing and restriping of the 69 on-site parking stalls (October 2024). The property benefits from two convenient access points from King James Way and enjoys proximity to other industrial properties, Class A office space, and major retailers such as Target, Hy-Vee, and Aldi's. Further enhancing its appeal, the Verona Area School District recently acquired adjacent land for a future middle school. The building features several tenants with high-end interior build-outs, reflecting a commitment to quality and functionality. This stabilized investment offers a compelling opportunity for long-term growth and return, priced at $2,720,000.

Highlights

  • $2,720,000 asking price for a stabilized industrial investment property.
  • Fully leased, multi-tenant flex building totaling 29,353 square feet.
  • Located at 5380 King James Way, Fitchburg, WI 53719, on a 1.961-acre lot with high visibility on Highway 151.
  • Features 69 parking stalls and two access points from King James Way.
  • Strong tenant roster including long-term anchor tenant and other established businesses.

Property Details for 5380 King James Way

Property type
Industrial properties, Flex space

Location Insight

City
Fitchburg
County
Dane
State
Wisconsin
Latitude
43.0175384
Longitude
-89.4733456
5380 King James Way, Fitchburg, Wisconsin

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5380 King James Way
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