Dock-Loaded Distribution
New
For Sale
Contact for pricing
5485 Express Circle, Madison, WI 53704
A net-lease structure and established distributor occupancy accompany dedicated finished space.
Property Size12,000 SF
Price / SF$122.50
Days on Market7
Property Features for 5485 Express Circle
General Information
Standard status
Active
Size
12,000 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Office Build-Out
3,800 SF
Dock-High Doors
10
Building Details
Year Built
2002
Listing Agency:
HCP Investments
Listed By:
Camp Perret · License #8212694
(337) 303-8201
Source:
Moodyscre
Added: Sep 30
Changed: Oct 3
Last Checked: Oct 5 at 6:46PM
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 HCP Investments
Investment Insights
Based on property information with market context.
This 12,000-square-foot distribution center was built in 2002 and features a loading wall with 10 dock positions. The building also includes 3,800 square feet of finished space. A national office-products distributor has occupied the property since it was constructed, and the property is offered with NNN income. Located at 5485 Express Circle in Madison, Wisconsin.
Key Highlights
- 12,000‑square‑foot distribution center built in 2002
- Loading wall with 10 dock positions
- 3,800 SF of finished space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$76,935
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,538,700
$1.5M
Cap Rate 7%
$1,099,071
$1.1M
Cap Rate 9%
$854,833
$854.8K
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$93.6K $7.80/SF
− Vacancy
−$3.1K −$0.26/SF
EGI
$90.5K $7.54/SF
− OpEx
−$13.6K −$1.13/SF
NOI
$76.9K $6.41/SF
Area
Madison, WI
Vacancy
3.30%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,538,700
Cap Rate 7%
$1,099,071
Cap Rate 9%
$854,833
Alternative Uses
Best Use
Warehouse
$1.10M
$961.7K – $1.28M
NOI $76,935 @ 7.0% cap · market cap 5.23%
Second Best
Industrial
$905.1K
$792.0K – $1.06M
NOI $63,358 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$3.51M
$3.07M – $4.09M
NOI $245,376 @ 7.0% cap · market cap 16.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
10
Dock-high doors
Location Intelligence
Trade Area within ½ mile
181
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
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Madison, WI
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Frequently Asked Questions
What type of property is this?
Distribution center - A net-lease structure and established distributor occupancy accompany dedicated finished space.
Where is this distribution center located?
The property is located at 5485 Express Circle Madison, WI.
What is the asking price?
The asking price for this property is $1,470,000.
What are key features of this property?
This property features: 12,000‑square‑foot distribution center built in 2002; Loading wall with 10 dock positions; 3,800 SF of finished space
