Office Building in University
For Lease
Contact for pricing
406 Science Dr, Madison, WI 53711
Four-story office building in Madison's University Research Park.
Space Size759 SF - 1,582 SF
Property Size52,353 SF
Lot Size6.00 Acres
Days on Market2560
Property Features for 406 Science Dr
General Information
Standard status
Active
Size
759 SF - 1,582 SF
Class
A
Total Parking Spaces
222
Lot size
6.00 Acres
Property subtype
Office
Lease Type
NNN
Building Details
Building Size
52,353 SF
Year Built
1989
Tenancy
Multiple
Spaces For Lease
at 406 Science Dr Contact us- Size
- 1,200 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
Suite 204
- Size
- 1,582 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
Suite 206
- Size
- 759 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
Suite 404
Listing Agency:
Compass Properties
Listed By:
Todd Greenwald · License #WI 56048
Source:
Crexi
Added: Aug 28, 2019
Changed: Aug 21
Last Checked: Aug 29 at 4:13PM
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 Compass Properties
Investment Insights
Based on property information with market context.
Located at 406 Science Dr. on the corner of Mineral Point and Whitney Way, Park West I is a four-story, 52,353 square foot office building situated within the University Research Park. The building is set on 6 acres in a park-like setting and offers ample free parking and views. The property is located near restaurants and shopping destinations and is 15 minutes from downtown Madison, Greenway Station, Middleton, Verona, and Cross Plains. The building is constantly undergoing improvements to further improve service, performance and energy efficiency.
Key Highlights
- Convenient location in University Research Park, near restaurants and shopping.
- Ample free parking.
- Located in a park‑like setting on 6 acres with excellent views.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
765
Businesses Nearby
Explore this area
Business Placement
Demographics for 53711, WI
51,448
Population
23,500
Households
2.2
Avg Household Size
37
Median Age
66%
College-Educated
97%
High-School Grad
26.0 sq mi
ZIP Area
1,979
Density / Sq Mi
$101,236
Median Household Income
$55,284
Median Earnings
$1,357
Median Rent
$387,600
Median Home Value
Market
Lease Benchmarks for Madison, WI
$17.06 /SF/Yr
Avg Asking Price
$9.75–$24.5 /SF/Yr
Price Range
40,471 SF
Avg Space Size
This space is priced 6% below the average of $17.06 /SF/Yr.
Vacancy Rate% for Office in Madison, WI
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Frequently Asked Questions
What type of property is this?
Office building - Four-story office building in Madison's University Research Park.
Where is this office building located?
The property is located at 406 Science Dr Madison, WI.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Convenient location in University Research Park, near restaurants and shopping.; Ample free parking.; Located in a park‑like setting on 6 acres with excellent views.
