Retail Space in Densely Populated
For Lease
$6 SF/Yr
5704 Raymond Road, Madison, WI 53711
Retail space available in a Walgreens anchored shopping center.
Space SizeContact for details
Lot Size2.97 Acres
Days on Market151
Property Features for 5704 Raymond Road
General Information
Standard status
Active
Lot size
2.97 Acres
Property subtype
Retail
Listing Agency:
CBRE, Inc.
(608) 577-0969
Listed By:
Dina Stetler
(608) 577-0969
Source:
Cbre
Added: Mar 25
Changed: Aug 10
Last Checked: Aug 22 at 3:53AM
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 retail center is anchored by Walgreens, Old National Bank, and Madison Public Library, among other long-term co-tenants. The property benefits from strong visibility and ease of access, with close proximity to bus lines. Located in a densely populated area, the center has over 6,200 household units within a one-mile radius. Available space ranges from 4,061 to 8,122 square feet and is divisible. The gross leasable area is approximately 55,000 square feet on a 2.97-acre lot. There are 200 parking stalls available. On-building signage is an option.
Key Highlights
- Walgreens anchored retail center with long‑term co‑tenants (Old National Bank, Madison Public Library)
- Located in a densely populated area (6,200 household units within a one‑mile radius)
- Strong visibility and ease of access
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$0.90 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
174
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53711, WI
51,448
Population
23,500
Households
2.2
Avg Household Size
37
Median Age
66%
College-Educated
97%
High-School Grad
26.0 sq mi
ZIP Area
1,979
Density / Sq Mi
$101,236
Median Household Income
$55,284
Median Earnings
$1,357
Median Rent
$387,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Meadowood Center — 5740 Raymond Rd, Madison, WI 53711
Frequently Asked Questions
What type of property is this?
Shopping center - Retail space available in a Walgreens anchored shopping center.
Where is this shopping center located?
The property is located at 5704 Raymond Road Madison, WI.
What is the lease rate?
The lease rate is $6 SF/Yr.
What are key features of this property?
This property features: Walgreens anchored retail center with long‑term co‑tenants (Old National Bank, Madison Public Library); Located in a densely populated area (6,200 household units within a one‑mile radius); Strong visibility and ease of access
