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Ryan Brothers Ambulance Station #2 819 Walsh Rd 3,350 SF Flex Building Madison, WI 53714 $1,101,227 CAD ($328.72 CAD/SF) 7% Cap Rate
Investment Highlights
- Freestanding 3,350 SF flex building featuring a ~2,400 SF heated and cooled warehouse with two 12’ H x 16’ W overhead doors.
- Leased to NASDAQ-listed DocGo Inc. through July 2029 with options and annual rent increases.
- Equipped with cameras, remote smart capabilities, floor drains, and water spigots for enhanced functionality.
- Includes approximately 1,000 SF of office space with four rooms, a bathroom with shower, kitchen, and lounge area.
- Recent capital upgrades include a new furnace in 2025, new metal roof in 2024, and ozone sterilization systems in each HVAC unit.
- Convenient East Madison location with 0.68-acre lot and 3-phase / 240V power supply, zoned IL.
Executive Summary
Free standing building NNN leased to NASDAQ listed DocGo Inc., DBA Ryan Brothers Ambulance, through 7/31/29 with 2 (1) year options and 3.5% annual increases. This 3,350sf flex building has been maintained very nicely and has a ~2,400sf warehouse with 2 heated/cooled garage bays, two 12' H x 16' W overhead doors, floor drains, and water spigots, and ~1,000sf office space with 4 rooms, 1 bathroom with a shower, washer/dryer, and kitchen and living/lounge area. Central AC and heating throughout the building. Recent updates include a new furnace in 2025, new metal roof in 2024, ozone sterilization in each HVAC system, cameras (interior and exterior), and remote smart capabilities. There
are 8 of these facilities in 3 counties for sale. Buy one or all.
are 8 of these facilities in 3 counties for sale. Buy one or all.
Property Facts
| Price | $1,101,227 CAD | Rentable Building Area | 3,350 SF |
| Price Per SF | $328.72 CAD | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built | 2004 |
| Cap Rate | 7% | Tenancy | Single |
| Property Type | Flex | Parking Ratio | 3.07/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.68 AC | ||
| Zoning | IL - Industrial - Limited | ||
| Price | $1,101,227 CAD |
| Price Per SF | $328.72 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 7% |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.68 AC |
| Rentable Building Area | 3,350 SF |
| No. Stories | 1 |
| Year Built | 2004 |
| Tenancy | Single |
| Parking Ratio | 3.07/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | IL - Industrial - Limited |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0810-334-0072-2 | Improvements Assessment | $521,322 CAD |
| Land Assessment | $182,629 CAD | Total Assessment | $703,950 CAD |
Property Taxes
Parcel Number
0810-334-0072-2
Land Assessment
$182,629 CAD
Improvements Assessment
$521,322 CAD
Total Assessment
$703,950 CAD
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Ryan Brothers Ambulance Station #2 | 819 Walsh Rd
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