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645 Sandpiper Trail Cottage Grove, WI 53527 • Commercial - Office • Active

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Description

Exceptional owner-user or investment opportunity to acquire a brand-new, 19,211 SF Class-A flex complex at 645 Sandpiper Trail in rapidly growing Cottage Grove. Offered well below replacement cost at $4,900,000, this asset accommodates retail, office, showroom, and warehouse needs. The 14,737 SF main building delivers a pristine canvas for an owner-occupant or value-add investor targeting the expanding Madison hub, arriving mostly vacant. Adding incredible value is a separate, fully built-out 4,474 SF detached building that is 100% leased, delivering immediate passive income to offset carrying costs from day one. Adjusted financials feature a strong 9.15% cap rate ($448,163 NOI), factoring in the recent rent adjustment, with massive upside via absorbing the vacant primary space at $19.50/SF NNN. Bypassing supply chain delays, this high-efficiency property is built for long-term appreciation.

Property Highlights

Property Type: Commercial - Office
Year Built: 2024

General Information

County: Dane
Listed By:
American, REALTORS 608-834-2600
SCWMLS
$4,900,000
Est. $32,704/mo

Listing Courtesy of: American, REALTORS
Agency Phone: 608-834-2600
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Active
SQUARE FEET19,211 MLS#2025939
STATUSActive PROPERTY TYPECommercial - Office
TOUR PROPERTY

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Shown By

Hunter Lisk
 (608) 642-2235

Contact an agent to learn more about

645 Sandpiper Trail, Cottage Grove, WI 53527.

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Loan Type FHA 30 Year Fixed30 yr Jumbo
Purchase Price $4,900,000$4,900,000
Down Payment $171,500$980,000
Monthly Mortgage Amount $29,624$24,456
Taxes $6819$6819
Insurance $100$100
HOA/Dues/Fees $0$0
Monthly Mortage Insurance $2,940$0
Monthly Estimated Total $40,812$32,704

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 07/15/2026. The listing information on this page last changed on 07/15/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 07/15/2026 4:40:21 AM EST) or MRED MLS (last updated Wed 07/15/2026 2:04:21 AM EST) or SCWMLS (last updated Tue 07/14/2026 11:54:44 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 07/14/2026 10:15:48 PM EST) or Cedar Rapids MLS (last updated Tue 07/14/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Wed 07/15/2026 1:18:40 AM EST) or ICAAR MLS (last updated Tue 07/14/2026 11:37:25 PM EST) or ECIMLS (last updated Tue 07/14/2026 11:44:33 PM EST) or RMLSA (last updated Wed 07/15/2026 1:10:54 AM EST) or Muscatine MLS (last updated Wed 07/15/2026 2:00:11 AM EST) or No Coast MLS (last updated Wed 07/15/2026 12:44:22 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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