Logo
$5,500,000
$7,200Reward *
645 Sandpiper, Cottage Grove, WI 53527Listing ID 1994628

645 Sandpiper, Cottage Grove, WI 53527

Active
Time on site: 586 days • Last updated: Dec 30, 2025
Property Type
Property Type
Commercial Sale
Property Sub Type
Property Sub Type
-
Square Feet
Square Feet
19,623
Days on Site
Days on Site
710
Cooling
Cooling
Central Air
Heating
Heating
Natural Gas, Forced Air, Zoned
Year Built
Year Built
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 versatility—retail, office, and warehouse—and 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.

Property Information

Property Details

Location

Address
645 Sandpiper
County
Dane
City
Cottage Grove
Zip Code
53527

Interior Features

Heating and Cooling

Cooling
Central Air
Heating
Natural Gas, Forced Air, Zoned

Building

Building Information

Square Feet
19,623
Year Built
2024
Construction
Steel Siding
Foundation
Slab, Concrete Perimeter
Roof
Rubber/Membrane

Property Taxes

Tax Annual Amount
$6,712
Tax Year
2025
American, REALTORS, (608) 834-2600

Market Report for 53527

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: South Central WI MLS
South Central WI MLS logo

IDX information is provided exclusively 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. Copyright 2026 South Central Wisconsin MLS Corporation. All rights reserved.

For corrections to this data please contact Brytecore MLS Support.

4406