Freestanding Restaurant Near East
For Lease
$1,500,000
4614 East Washington Avenue, Madison, WI 53704
Freestanding restaurant on 0.60 acre lot with high visibility.
Space SizeContact for details
Lot Size0.60 Acres
Days on Market171
Property Features for 4614 East Washington Avenue
General Information
Standard status
Active
Lot size
0.60 Acres
Property subtype
Retail
Listing Agency:
CBRE, Inc.
Listed By:
Nathan Powers
(414) 274-1690
Source:
Cbre
Added: Mar 25
Changed: Sep 2
Last Checked: Sep 11 at 5:04AM
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, Inc.
Investment Insights
Based on property information with market context.
This is a unique opportunity to own a freestanding restaurant situated on a 0.60 acre lot with high visibility. The property is located across from East Towne Mall on the east side of Madison. The surrounding area includes national tenants such as Chipotle, Chick-fil-A, Portillo’s, Starbucks, McDonald’s, and Texas Roadhouse. The property benefits from its location at a fully lighted intersection, providing full access onto both E Washington Avenue and Zeier Road. East Washington Avenue sees a traffic volume of 38,700 vehicles per day. The property includes pylon signage and 38 parking stalls. The building size is 3,872 square feet. The property is suitable for conventional restaurant use.
Key Highlights
- Highly visible 0.60 acre lot across from East Towne Mall
- Located at a fully lighted intersection with full access onto E Washington Avenue (38,700 VPD) and Zeier Road
- Freestanding restaurant property
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
911
Businesses Nearby
Under-served
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
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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?
Conventional restaurant - Freestanding restaurant on 0.60 acre lot with high visibility.
Where is this conventional restaurant located?
The property is located at 4614 East Washington Avenue Madison, WI.
What is the lease rate?
The lease rate is $1,500,000.
What are key features of this property?
This property features: Highly visible 0.60 acre lot across from East Towne Mall; Located at a fully lighted intersection with full access onto E Washington Avenue (38,700 VPD) and Zeier Road; Freestanding restaurant property
