Best Buy
For Sale
Contact for pricing
2452 East Springs Drive, Madison, WI 53704
Corporate-guaranteed tenancy includes a recent five-year lease extension.
Property Size45,792 SF
Days on Market145
Property Features for 2452 East Springs Drive
General Information
Standard status
Active
Size
45,792 SF
Property subtype
Retail
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
CBRE - Oak Brook
Listed By:
Michael Kaider · License #IL 475154630
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 10:03AM
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 CBRE - Oak Brook
Investment Insights
Based on property information with market context.
This offering comprises a 100% fee simple interest in a 45,792-square-foot showroom occupied by Best Buy at 2452 East Springs Drive in Madison, Wisconsin. The retailer has operated from the property since 1996, providing an established occupancy history.
The lease was recently extended for an additional five years and carries a corporate guarantee. Beyond the current term, the agreement includes three separate five-year renewal options, each providing for a 6% rental increase. The property is offered for sale.
The lease was recently extended for an additional five years and carries a corporate guarantee. Beyond the current term, the agreement includes three separate five-year renewal options, each providing for a 6% rental increase. The property is offered for sale.
Key Highlights
- 45,792‑square‑foot Best Buy showroom
- 100% fee simple interest offered for sale
- Best Buy has occupied the site since 1996
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,101
Businesses Nearby
Balanced
Demand for This Use
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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Similar Off Market Nearby
- Schwoegler Remodeling LLC — 4210 E Washington Ave, Madison, WI 53704
- At Home — 2201 Zeier Rd, Madison, WI 53704
Frequently Asked Questions
What type of property is this?
Showroom - Corporate-guaranteed tenancy includes a recent five-year lease extension.
Where is this showroom located?
The property is located at 2452 East Springs Drive Madison, WI.
What are key features of this property?
This property features: 45,792‑square‑foot Best Buy showroom; 100% fee simple interest offered for sale; Best Buy has occupied the site since 1996
