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Property Detail

Building For Sale: Investment Opportunity

Investment Opportunity

WI 53562
Dane County
Greater Madison West
Property ID: 57092
Date Printed: 2/17/2020
Listed By: Real Estate Professional

Size and Financial Information

Building sf (?): 23,416
Parcel Size:
Price: $4,000,000
Gross Income:
Net Op. Income (?):
Cap Rate: 7.50%
Number of Units:
Current Tenants:
Percent Leased: 88%
Real Estate Taxes:
Property Type: Office, Retail

General Information

Date Available: Now
Building Type: Multi-Tenant
Building Status: Existing
Year Built: 1995
Number of Floors: 1
Zoning: B-2
Potential Zoning:
Hwy Exposure:
Handicap Access:
Outside Parking: Yes
per 1,000 s.f.:
Inside Parking: No
per 1,000 s.f.:
Ceiling at Eaves:
Ceiling at Center:
Parcel Front Dim:
Parcel Side Dim:
Municipal Water: Yes
Municipal Sewer: Yes
Urban Svc. Area: Yes
Docks:
Drive-in Doors:
Cable:
DSL:
T1:

Shared Building Amenities

Break Room:
Cafeteria:
Lounge:
Conference Room:
Auditorium:
Other:
Elevator:
Exercise Room:
Shower:

Comments

2 Strip Centers. 23,426 sf total. Side by side. Presently 88% Leased. Seller will guarantee 100% occupancy at closing for 1 year. No deferred maintenance. CA required for numbers.(attached) Both built in the 90s. All have great exposure on major city road and signage. 3 new projects within 12 blocks.

Attachments

Confidentiality Agreement

Contact Information

Crown Commercial Real Estate & Development, LLC Logo
Jim Anderson
Crown Commercial Real Estate & Development, LLC
Phone: 608-831-2618
Mobile Phone: 608-347-4618
Email: jima@crown-redev.com
Website:

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