High-Visibility Retail
For Sale
Contact for pricing
4225 East Towne Blvd, Madison, WI 53704
Retail storefront on an established East Towne commercial corridor with access to US-151, I-90/94, and Highway 30.
Property Size6,470 SF
Price / SF$200.93
Days on Market61
Property Features for 4225 East Towne Blvd
General Information
Standard status
Active
Size
6,470 SF
Total Parking Spaces
50
Property subtype
Retail, Office
Zoning
CC - Commercial Center
Building Details
Year Built
1972
Stories
1
Listing Agency:
Cushman & Wakefield | Boerke
Listed By:
John B. Kuhn, CCIM, CRX · License #WI 90-51191
Source:
Crexi
Added: Jul 16
Changed: Sep 12
Last Checked: Sep 13 at 7:11AM
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 Cushman & Wakefield | Boerke
Investment Insights
Based on property information with market context.
This retail storefront is situated in Madison’s established East Towne retail and commercial corridor. The property benefits from high visibility and exposure along East Towne Boulevard, positioning it for strong local walk-in and passing-buyer awareness.
The site offers convenient access to E. Washington Avenue (US-151), I-90/94, and Highway 30. It is also located just minutes from Downtown Madison and Dane County Regional Airport, helping support accessibility for employees, customers, and visitors.
Surrounding uses include national retailers, restaurants, and hotels, creating an active mix of daily destinations in the immediate area.
The site offers convenient access to E. Washington Avenue (US-151), I-90/94, and Highway 30. It is also located just minutes from Downtown Madison and Dane County Regional Airport, helping support accessibility for employees, customers, and visitors.
Surrounding uses include national retailers, restaurants, and hotels, creating an active mix of daily destinations in the immediate area.
Key Highlights
- Retail storefront on Madison’s established East Towne retail and commercial corridor
- Excellent access to E. Washington Avenue (US‑151), I‑90/94, and Highway 30
- Located on East Towne Boulevard with high exposure
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$105,105
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.09%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,102,100
$2.1M
Cap Rate 7%
$1,501,500
$1.5M
Cap Rate 9%
$1,167,833
$1.2M
Market Conditions
NOI Build-Up for 6,470 SF
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.
Gross rent
$147.5K $22.80/SF
− Vacancy
−$7.4K −$1.14/SF
EGI
$140.1K $21.66/SF
− OpEx
−$35.0K −$5.42/SF
NOI
$105.1K $16.25/SF
Area
Madison, WI
Vacancy
5.00%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,102,100
Cap Rate 7%
$1,501,500
Cap Rate 9%
$1,167,833
Alternative Uses
Best Use
Specialty Retail
$1.50M
$1.31M – $1.75M
NOI $105,105 @ 7.0% cap · market cap 8.09%
Second Best
Retail
$1.32M
$1.16M – $1.54M
NOI $92,544 @ 7.0% cap · market cap 7.12%
Theoretical Best
Office A
$1.89M
$1.65M – $2.20M
NOI $132,299 @ 7.0% cap · market cap 10.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,005
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Bank - Retail storefront on an established East Towne commercial corridor with access to US-151, I-90/94, and Highway 30.
Where is this bank located?
The property is located at 4225 East Towne Blvd Madison, WI.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Retail storefront on Madison’s established East Towne retail and commercial corridor; Excellent access to E. Washington Avenue (US‑151), I‑90/94, and Highway 30; Located on East Towne Boulevard with high exposure
