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Retail Space with Drive-Thru Potential

5437-5441 University Ave, Madison, WI

For Lease
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800 SF retail space with drive-thru potential and signage.

Space Size800 SF
Lot Size0.28 Acres
Days on Market1049

Property Features for 5437-5441 University Ave

General Information

Standard status Active
Size 800 SF
Lot size 0.28 Acres
Property subtype RETAIL
Lease Type NNN

Site & Location

Neighborhood Spring Harbor Neighborhood Association

Spaces For Lease

at 5437-5441 University Ave
Retail Space for Lease $30/SF/Yr
Floor 1
Size 800 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
800 sq. ft. space available; Proposed drive-thru; 13 parking stalls; 32,700 AADT on University Avenue; Building and pylon signage; Co-tenants are K-Barber Shop and DHL Express; Nearby tenants: Kwik Trip, Yummee Treats, Moka and the Original Pancake House; Lease Rate: $30.00/Sq. Ft. (NNN)
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Listing Agency: Lee & Associates of Madison
Listed By: Blake George · License WI #4944590
Source: Moodyscre
Added: Dec 29, 2023 Changed: Oct 26 Last Checked: Nov 10 at 11:01AM

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

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This retail space offers 800 square feet of area and includes 13 parking stalls. The location benefits from a traffic count of 32,700 AADT on University Avenue. Building and pylon signage opportunities are available. Co-tenants include K-Barber Shop and DHL Express. Nearby tenants include Kwik Trip, Yummee Treats, Moka, and the Original Pancake House. The property has the potential for a drive-thru.

Key Highlights

  • High Traffic Location: 32,700 AADT on University Avenue.
  • Proposed Drive‑Thru: Opportunity to add a high‑demand feature.
  • Building and Pylon Signage: Increased visibility for tenants.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Law Firm Nail Salon Big Box & Wholesale Store Electrical Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

406
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Madison, WI

$22.58 /SF/Yr
Avg Asking Price
$12–$39 /SF/Yr
Price Range
4,895 SF
Avg Space Size

This space is priced 33% above the average of $22.58 /SF/Yr.

Properties on Market for Retail space in Madison

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - 800 SF retail space with drive-thru potential and signage.
Where is this retail space located?
The property is located at 5437-5441 University Ave Madison, WI.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: High Traffic Location: 32,700 AADT on University Avenue.; Proposed Drive‑Thru: Opportunity to add a high‑demand feature.; Building and Pylon Signage: Increased visibility for tenants.
(608) 209-9990 Call to check price and availability
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