Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Monona Commercial Building For Lease Title is generated by Realmo AI

    2455 West Broadway, Monona, WI 53713

    View on Map
    Claim this Listing
    For Lease
    $20 SF/Yr $6,666/Mo (calc)

    4,000 SF building ideal for retail, office, or showroom.

    Type:Office Showroom
    Property size:
    4,000 SF
    Added:
    May 21, 2026
    Days on Market:
    11
    Last Refresh:
    May 21 at 12:43 am

    Property Features for 2455 West Broadway

    General Information

    Standard status
    Active
    Size
    4,000 SF
    Property subtype
    Office Showroom

    We can help!

    Listing Contact
    Tyler Roudebush
    Tyler Roudebush

    Listing agent Tyler Roudebush

    Listing office RE/MAX

    Listing date May 21, 2026

    Source Remaxcommercial

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

    All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX

    HighLights

    • High‑visibility location on W Broadway in Monona with strong signage opportunities.
    • Convenient access to Madison, Hwy 51, and the Beltline.
    • Flexible 4,000 SF standalone building suitable for retail, office, showroom, or service‑based businesses.
    • 12 on‑site parking spaces.
    • Located in an active commercial corridor with established businesses, restaurants, and residential neighborhoods.
    • Proximity to the new Top Golf.

    Overview

    Located in Monona, this 4,000 SF commercial building is available for lease. The property is situated on W Broadway, providing convenient access to Madison, Hwy 51, and the Beltline. The building's layout is flexible, suitable for retail, office, showroom, or service-based businesses. It features open space, strong street frontage, on-site parking with 12 spaces, and signage opportunities. The property is located near established businesses, restaurants, residential neighborhoods, and the upcoming Top Golf. The location offers accessibility for customers and employees. The property is positioned along the W Broadway corridor, offering access to Madison, Hwy 51, and the Beltline. The surrounding area includes commercial businesses, retail destinations, restaurants, service providers, and residential neighborhoods. Monona's location provides access to downtown Madison, major transportation routes, and surrounding communities.
    Location Intelligence

    Current Use by Public Records

    Showrooms

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Monona
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.352147
    Latitude
    43.045191

    Nearby Similar for Lease

    • $21 SF/Yr
      2,499 SF

      Retail Space in Mixed-Use Development

      Retail spaces available in a mixed-use development.
      4601 Monona Drive, Monona, WI, 53716
      View Details
    • Contact for pricing
      2,400 SF

      Restaurant Building with Drive-Through

      2,400 SF former restaurant with drive-through and hood.
      5696 Monona Drive, Monona, WI 53715
      View Details
    • Contact for pricing
      4,000 SF

      Monona Commercial Building For Lease

      Versatile 4,000 SF commercial building in high-visibility Monona location.
      2455 W Broadway, Monona, WI
      View Details
    • $22 SF/Yr
      4,670 SF

      New Class A Office Space

      Class A office space available Summer 2024 in Monona, WI.
      220 W Broadway, Monona, WI
      View Details
    • Contact for pricing
      10,907 SF

      South Towne Mall Retail Space

      Retail space available for rent in South Towne Mall.
      2311-2355 W Broadway, Monona, WI
      View Details
    • $18 SF/Yr
      1,828 SF

      Retail Space in Visible Strip

      Retail space available in a highly visible retail strip.
      2401-2413 W Broadway, Monona, WI
      View Details
    • Contact for pricing
      2,500 SF

      Retail Pad Site Opportunity

      Highly visible retail pad site with drive-thru potential.
      2251 W Broadway, Monona, WI
      View Details

    FAQs

    What type of property is this?
    Showroom - 4,000 SF building ideal for retail, office, or showroom.
    Where is this showroom located?
    The property is located at 2455 West Broadway Monona, WI.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: High‑visibility location on W Broadway in Monona with strong signage opportunities.; Convenient access to Madison, Hwy 51, and the Beltline.; Flexible 4,000 SF standalone building suitable for retail, office, showroom, or service‑based businesses.
    (608) 234-7208
    We can help!
    Listing Contact
    Tyler Roudebush
    Tyler Roudebush
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry
    2455 West Broadway, Monona, WI 53713
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!