Industrial Property
4221 Marsh Rd, Madison, WI 53558
For Sale
New
Contact for pricing
Five-property offering combines occupied industrial buildings with a separate vacant land parcel under a true NNN structure.
Property Size59,150 SF
Price / SF$102.09
Days on Market4
Property Features for 4221 Marsh Rd
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Tenant in Place
Building Details
Buildings
Listing Agency:
Lighthouse Commercial Real Estate
(608) 234-4848
Listed By:
David Haug · License WI 57355-90
(608) 445-3500
Source:
Moodyscre
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 2:28PM
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 Lighthouse Commercial Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The offering comprises four industrial buildings totaling 59,150 square feet and a separate vacant land parcel. Building areas are 11,300 square feet and 11,200 square feet in Madison and Menasha, respectively, plus two Germantown buildings measuring 14,650 and 22,000 square feet. The Menasha land parcel contains 0.99 acres.
The properties are offered as a portfolio under a true NNN structure. The tenant is responsible for operating expenses, real estate taxes, special assessments, utilities, and maintenance of structural components and building systems, including the roof, foundation, HVAC, electrical, plumbing, and mechanical systems.
The properties are offered as a portfolio under a true NNN structure. The tenant is responsible for operating expenses, real estate taxes, special assessments, utilities, and maintenance of structural components and building systems, including the roof, foundation, HVAC, electrical, plumbing, and mechanical systems.
Key Highlights
- Four industrial buildings total 59,150 square feet
- Madison building at 4221 Marsh Road contains 11,300 square feet
- Menasha building at 1605 Drum Corps Drive contains 11,200 square feet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$312,301
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,246,020
$6.2M
Cap Rate 7%
$4,461,443
$4.5M
Cap Rate 9%
$3,470,011
$3.5M
Market Conditions
NOI Build-Up for 59,150 SF
Gross rent
$461.4K $7.80/SF
− Vacancy
−$15.2K −$0.26/SF
EGI
$446.1K $7.54/SF
− OpEx
−$133.8K −$2.26/SF
NOI
$312.3K $5.28/SF
Area
Madison, WI
Vacancy
3.30%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,246,020
Cap Rate 7%
$4,461,443
Cap Rate 9%
$3,470,011
Alternative Uses
Best Use
Industrial
$4.46M
$3.90M – $5.21M
NOI $312,301 @ 7.0% cap · market cap 5.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$17.28M
$15.12M – $20.16M
NOI $1,209,499 @ 7.0% cap · market cap 20.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
179
Businesses Nearby
Explore this area
Business Placement
Demographics for 53558, WI
12,666
Population
5,414
Households
2.3
Avg Household Size
41
Median Age
49%
College-Educated
98%
High-School Grad
17.4 sq mi
ZIP Area
728
Density / Sq Mi
$107,167
Median Household Income
$62,390
Median Earnings
$1,501
Median Rent
$377,500
Median Home Value
Market
Properties on Market for Industrial properties in Madison
Vacancy Rate% for Industrial in Madison, WI
Frequently Asked Questions
What type of property is this?
Industrial property - Five-property offering combines occupied industrial buildings with a separate vacant land parcel under a true NNN structure.
Where is this industrial property located?
The property is located at 4221 Marsh Rd Madison, WI.
What is the asking price?
The asking price for this property is $6,038,700.
What are key features of this property?
This property features: Four industrial buildings total 59,150 square feet; Madison building at 4221 Marsh Road contains 11,300 square feet; Menasha building at 1605 Drum Corps Drive contains 11,200 square feet
