Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5525 Nobel Dr Fitchburg, WI 53711

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $15 SF/Yr ($8,849 /Mo)

    Modern office space in Fitchburg Technology Campus available for rent.

    Property size:
    6,851 SF
    Lot size:
    6,851 SF

    Property Features for 5525 Nobel Dr

    General Information

    Standard status
    Active
    Size
    6,851 SF

    We can help!

    Listing Contact
    Chase Brieman
    Chase Brieman
    Source: Cbre

    Listing Agency: CBRE, Inc. Listing Agent: Chase Brieman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Fitchburg Technology Campus Office Space

    Located in the Fitchburg Technology Campus, this office space at 5525 Nobel Drive is suitable for high-tech businesses. The campus is near a downtown center, parks, restaurants, and recreational areas. The available 6089 square feet space features high-quality finishes, a loading dock, and a shared break room. The space includes a kitchen/break room, two conference rooms, private offices, and open cubicle space. The Fitchburg Technology Campus is located minutes from downtown Madison, the Beltline highway, and the Interstate system. The office complex features Class A finishes and is ready for occupancy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fitchburg
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.4201
    Latitude
    43.0164

    Nearby Similar for Lease

    • Sponsored
      Contact for pricing

      WI, Fitchburg - McKee Road

      Discover many ways to work your way in San Antonio Airport
      5955 Mckee Rd, Fitchburg, WI 53719
      View Details
    • $19 SF/Yr
      2,362 SF

      Fitchburg Office/Retail Space For Lease

      Second-floor office/retail space with high visibility and signage opportunity.
      2839 Fish Hatchery Rd, Fitchburg, WI 53575
      View Details
    • $15 SF/Yr
      6,851 SF

      Fitchburg Technology Campus Office Space

      Office space in a thriving technology campus with high-quality finishes.
      5525 Nobel Dr, Fitchburg, WI
      View Details
    • $15 SF/Yr
      7,530 SF

      Adaptable Lab and Office Space

      7,530 SF lab and office space for research and development.
      5520 Nobel Dr, Fitchburg, WI
      View Details
    • $19 SF/Yr
      2,393 SF

      Retail Space with Drive-Thru

      End-cap retail space with drive-thru in Fitchburg, WI.
      3050 Cahill Main, Fitchburg, WI
      View Details
    • $3,925 /Mo

      Fitchburg Office/Warehouse Space Available

      Office and warehouse space in a prime Fitchburg location.
      6140 Cottonwood Dr, Fitchburg, WI 53719
      View Details
    • $23 SF/Yr
      921 SF

      Fitchburg Office Suite For Lease

      Top-floor office suite in Fitchburg's Seminole Centre Court.
      5930 Seminole Ctr Ct, Fitchburg, WI
      View Details
    • $16 SF/Yr
      1,295 SF

      Fitchburg Office Space for Rent

      Office suite with utilities included and 24/7 access.
      2976 Triverton Pike Dr, Fitchburg, WI
      View Details
    • $25 SF/Yr
      2,145 SF

      Former Medical Office Space Available

      Former medical office with private offices, treatment rooms, and lab.
      2984 Triverton Pike Dr, Fitchburg, WI
      View Details
    • $8 SF/Yr
      1,578 SF

      Fitchburg Office/Warehouse Space Available

      Office and warehouse space in prime Fitchburg location for rent.
      6140 Cottonwood Dr, Fitchburg, WI
      View Details
    • $15 SF/Yr
      23,616 SF

      Class A Office Space Available

      Modern office space with amenities in a vibrant neighborhood.
      5520 Nobel Dr, Fitchburg, WI 53711
      View Details
    • Contact for pricing
      17,520 SF

      Fitchburg Retail/Industrial Space Available

      17,520 SF retail/industrial space for lease in Fitchburg.
      5350 King James Way, Fitchburg, WI
      View Details

    FAQs

    What type of property is this?
    Office units - Modern office space in Fitchburg Technology Campus available for rent.
    Where is this office units located?
    The property is located at 5525 Nobel Dr Fitchburg, WI.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Minutes from downtown Madison, the Beltline highway, and Interstate system.; - Modern Class A finishes and ready for occupancy.; - Located in the Fitchburg Technology Campus with high-tech businesses, a thriving downtown center, parks, restaurants, and recreational areas.
    (608) 441-7571
    Request Owner's contact information
    5525 Nobel Dr Fitchburg, WI 53711
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5525 Nobel Dr
    Fitchburg, WI 53711
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5525 Nobel Dr Fitchburg, WI 53711
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Chase Brieman
    Chase Brieman
    Real Estate License ID: 54278
    (608) 441-7571 (608) 332-6561 (608) 663-5445
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!