Contacts
Encore Real Estate Investment Services
Property Details
- Property Type Industrial - Flex - Industrial
- Property Size 39,972 SF
- Lot Size 3.1 Acre
- Property Tenancy Single Tenant
- Year Built 1998
- Date Updated Jun 6, 2026
- HVAC None
Reach out to the broker for more info on lease terms and amenities
Highlights
- Absolute Net Lease Structure: Rare absolute net lease with zero landlord responsibilities
- Attractive Rental Increases: Annual rent escalations during the primary lease term and option periods.
- Excellent Retail Amenities Nearby: Nearby national tenants include Costco, Ruth’s Chris, Starbucks, HomeGoods, Marshalls, Michaels, Cooper’s Hawk, IHOP, Taco Bell, Culver’s, and others.
- Global Tenant: Wi2Wi is a global manufacturer and provider of wireless connectivity solutions, timing devices, frequency control devices, and microwave filters.
- High-Finish Manufacturing Space: Property includes clean rooms and lab space that are critical to the tenant’s specialized manufacturing operations.
- Long-Term Tenant Commitment: Tenant has occupied the property since 2005 and recently signed a 12-year lease extension in 2024.
- Potential Excess Land Opportunity: Separate 0.90-acre parcel currently leased to the tenant may offer future flexibility for a sale, ground lease, or redevelopment.
- Specialized Facility: 39,972 SF building on 3.1 acres, consisting of 18,380 SF of office space and 21,592 SF of industrial space.
- Strong Local Demographics: Average household income exceeds $150,000 within 1 mile, with more than 91,000 residents within 5 miles.
Attachments
Getting around
-
27/100
Walk Score ®
-
19/100
Transit Score ®
-
52/100
Bike Score ®
Location
- City Middleton, WI
- Neighborhood Business Park
- Zip Code 53562
- Market Madison
Points of Interest
-
Capitol Square (Main St. @ King St.)
8.30 miles
-
Eastwood Dr. @ First St.
9.47 miles
-
Mobil
0.41 miles
-
Cenex
0.60 miles
-
ChargePoint
0.92 miles
-
Costco Gasoline
1.20 miles
-
Kwik Trip
1.83 miles
-
Citgo
1.85 miles
-
BP
2.55 miles
-
The Garden Asian Market
2.98 miles
-
Mobil Mart
3.01 miles
-
Tesla Supercharger
4.94 miles
-
Triton Auto Spa
1.74 miles
-
Magic Wash Car Wash
1.78 miles
-
Kwik Trip
3.05 miles
-
Bubble Time Car Wash
3.64 miles
-
Mermaid Car Wash
3.86 miles
-
Enterprise
3.89 miles
-
Hertz
3.99 miles
-
Mister Car Wash
6.28 miles
-
Auto Spa Car Wash-Fitchburg/Madison
6.61 miles
-
Kwik Trip Car Wash
7.86 miles
-
Biaggi's
0.91 miles
-
Johnny's Italian Steakhouse
0.92 miles
-
Ancho and Agave
0.93 miles
-
Arby's
0.94 miles
-
Subway
0.95 miles
-
Monk's Bar & Grill Middleton
0.96 miles
-
Fuji
0.99 miles
-
Ruth's Chris Steak House
1.02 miles
-
Smoothie King
1.02 miles
-
Jersey Mike's Subs
1.03 miles
Encore Real Estate Investment Services