Single-Tenant Retail NNN
For Sale
Contact for pricing
2201 Zeier Rd, Madison, WI 53704
Renovated 1987-built At Home store in East Town Plaza Shopping Center, held as fee-simple land and building.
Property Size94,105 SF
Lot Size7.20 Acres
Days on Market123
Property Features for 2201 Zeier Rd
General Information
Standard status
Active
Size
94,105 SF
Lot size
7.20 Acres
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1987
Year Renovated
2019
Tenancy
Single
Listing Agency:
Lee & Associates San Diego - Carlsbad
(760) 519-0240
Listed By:
Ryan Bennett · License #CA 01826517
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 23 at 8:08AM
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 Lee & Associates San Diego - Carlsbad
Investment Insights
Based on property information with market context.
Lee & Associates is pleased to present a fee-simple interest (land and building) in an At Home single-tenant retail property located within East Town Plaza Shopping Center. The building was constructed in 1987 and underwent a complete renovation in 2019. The tenant, At Home Group Inc., operates a home décor superstore at the site.
The property is located on Zeier Road in the dense Madison NE retail corridor, across from East Towne Mall. Zeier Road serves as a main access road into East Towne Mall, which completed an extensive multi-million-dollar renovation in 2017. The property is also positioned about a quarter mile from the on/off ramp to Interstate 90 from Hwy 151, providing convenient access for nearby shoppers.
At Home has invested heavily in the property since 2019, including a full store remodel, replacement of the parking lot, and HVAC unit replacements. The current lease is a true triple-net (NNN) structure with 9+ years remaining on a 10-year term and (3) five-year renewal options. Under the lease terms, the tenant is responsible for replacement/repair/maintenance of the roof, parking lot, and HVAC, and pays 100% of CAM, taxes, and insurance. The lease also includes 10% rent increases every five years in the primary term and option periods.
The property is located on Zeier Road in the dense Madison NE retail corridor, across from East Towne Mall. Zeier Road serves as a main access road into East Towne Mall, which completed an extensive multi-million-dollar renovation in 2017. The property is also positioned about a quarter mile from the on/off ramp to Interstate 90 from Hwy 151, providing convenient access for nearby shoppers.
At Home has invested heavily in the property since 2019, including a full store remodel, replacement of the parking lot, and HVAC unit replacements. The current lease is a true triple-net (NNN) structure with 9+ years remaining on a 10-year term and (3) five-year renewal options. Under the lease terms, the tenant is responsible for replacement/repair/maintenance of the roof, parking lot, and HVAC, and pays 100% of CAM, taxes, and insurance. The lease also includes 10% rent increases every five years in the primary term and option periods.
Key Highlights
- 94,105‑SF At Home store on an approx. 7.20‑acre parcel in East Town Plaza Shopping Center, offered as 100% fee‑simple (land & building)
- Completely renovated in 2019; store remodel completed in 2019 (approx. $4,000,000) plus parking lot replacement and HVAC unit replacement
- At Home Group Inc. operates the property under a triple‑net (NNN) 10‑year lease with 9+ years remaining and (3) 5‑year renewal options
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
788
Businesses Nearby
Explore this area
Business Placement
Demographics for 53704, WI
47,066
Population
22,740
Households
2.1
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
21.9 sq mi
ZIP Area
2,149
Density / Sq Mi
$75,007
Median Household Income
$47,665
Median Earnings
$1,231
Median Rent
$289,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Renovated 1987-built At Home store in East Town Plaza Shopping Center, held as fee-simple land and building.
Where is this retail space located?
The property is located at 2201 Zeier Rd Madison, WI.
What are key features of this property?
This property features: 94,105‑SF At Home store on an approx. 7.20‑acre parcel in East Town Plaza Shopping Center, offered as 100% fee‑simple (land & building); Completely renovated in 2019; store remodel completed in 2019 (approx. $4,000,000) plus parking lot replacement and HVAC unit replacement; At Home Group Inc. operates the property under a triple‑net (NNN) 10‑year lease with 9+ years remaining and (3) 5‑year renewal options
