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    Madison Retail and Warehouse Building Title is generated by Realmo AI

    2620 Rimrock Rd, Madison, WI

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    15,000 SF retail and warehouse with showroom and service area.

    Type:RETAIL
    Property size:
    15,000 SF
    Lot size:
    1.30 Acres
    Price / SF:
    $236/SF
    Added:
    Oct 20, 2025
    Days on Market:
    236
    Last Refresh:
    May 19 at 9:52 pm

    Property Features for 2620 Rimrock Rd

    General Information

    Standard status
    Active
    Size
    15,000 SF
    Lot size
    1.30 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Blake George
    Blake George

    Listing agent Blake George License #4944590

    Listing office Lee & Associates of Madison

    Listing date Oct 20, 2025

    Source Moodyscre

    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 of Madison

    HighLights

    • Great West Beltline/Highway 12/18 access and centrally located in Madison.
    • Large 10,000 sq. ft. showroom with two 12’x10’ glass overhead doors and 14’ clear height.
    • Warehouse service area with two service bays, two 12’x10’ overhead doors, and 400 amp 3‑phase power.
    • 1.30 acre lot (58,077 sq. ft.) with 24 dedicated parking stalls.
    • Building and pylon signage available on a corner location.
    • Solar panel system (CPS Photovolatic) and fenced storage yard.

    Overview

    This 15,000 sq. ft. retail building is centrally located in Madison, with access to the West Beltline/Highway 12/18. Situated on a 1.30 acre lot (58,077 sq. ft.) at the corner of Rimrock Rd. and Latitude 43 St., the property features 24 dedicated parking stalls, building and pylon signage, and outdoor water access. It includes a full sprinkler system. The large 10,000 sq. ft. showroom has two 12’x10’ glass overhead doors, a 14’ clear height, and is fully carpeted. Additional showroom amenities include 7 private offices, a large breakroom, an indoor/outdoor display area, a private changing room, and men’s and women’s restrooms. The warehouse service area contains two service bays with two 12’x10’ overhead doors, 400 amp 3-phase power, and a 14’ clear height. Other warehouse amenities include a solar panel system (CPS Photovolatic), floor drains, a fully heated and cooled space, a fenced storage yard, and a wash basin. The property is ideal for large sales items.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $324.0k $21.60
    − Vacancy −$17.5k −$1.17
    EGI $306.5k $20.43
    − OpEx −$92.0k −$6.13
    NOI $214.6k $14.30
    15,000 SF · lease $21.60/SF/yr · vacancy 5.40% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $3.07M
    $2.68M – $3.58M (±1% cap)
    NOI $214,553 @ 7.0% cap · market cap 6.04%
    Second Best
    Warehouse
    $1.37M
    $1.20M – $1.60M (±1% cap)
    NOI $96,168 @ 7.0% cap · market cap 2.71%
    Theoretical Best
    Office A
    $4.38M
    $3.83M – $5.11M (±1% cap)
    NOI $306,720 @ 7.0% cap · market cap 8.64%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rutabaga Paddlesports (Bike/Boat/Book/etc) Store Rutabaga Paddle Sports ... Department Store Rutabaga Outdoor Adventures Event Planning

    Suggested Use

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

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

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    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.3808
    Latitude
    43.0349

    FAQs

    What type of property is this?
    Showroom - 15,000 SF retail and warehouse with showroom and service area.
    Where is this showroom located?
    The property is located at 2620 Rimrock Rd Madison, WI.
    What is the asking price?
    The asking price for this property is $3,550,000.
    What are key features of this property?
    This property features: Great West Beltline/Highway 12/18 access and centrally located in Madison.; Large 10,000 sq. ft. showroom with two 12’x10’ glass overhead doors and 14’ clear height.; Warehouse service area with two service bays, two 12’x10’ overhead doors, and 400 amp 3‑phase power.
    (608) 209-9990 Call to check price and availability
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