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4704-4706 E Washington Ave Madison, WI 53704

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For Sale
$2,447,000

Fully leased retail building with long-term tenants and high visibility.

Property size:
5,455 SF
Lot size:
0.62 Acres

Property Features for 4704-4706 E Washington Ave

General Information

Size
5,455 SF
Lot size
0.62 Acres

Source: Lee & Associates of Madison Agent Chris Etmanczyk

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


Overview

Fully Leased Retail Investment Property

This fully leased retail property features a 5,455-square-foot building on a 0.596-acre lot. The property is currently occupied by Basecamp Fitness and Batteries Plus, both under NNN leases. It benefits from high traffic counts and excellent visibility with frontage on East Washington Avenue. The location is directly across from the main entrance to East Towne Mall. There are 15 surface parking spaces available. The property generates an NOI of $159,093 and is offered at a 6.5% CAP Rate.
Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Madison
County
Dane
State
Wisconsin
Longitude
-89.3045841
Latitude
43.1316601

FAQs

What type of property is this?
Retail space - Fully leased retail building with long-term tenants and high visibility.
Where is this retail space located?
The property is located at 4704-4706 E Washington Ave Madison, WI.
What is the asking price?
The asking price for this property is $2,447,000.
What are key features of this property?
This property features: - Attractive 6.5% CAP Rate.; - Fully leased NNN rents with long term leases providing stable income.; - High traffic counts, excellent visibility, and frontage along East Washington Avenue.
More about this property
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