Multi-Tenant Shopping
7805 Mineral Point Road, Madison, WI 53717
For Sale
New
$8,080,000
Three retail tenants occupy the center under NNN leases.
Property Size20,266 SF
Lot Size1.59 Acres
Price / SF$398.70
Days on Market2
Property Features for 7805 Mineral Point Road
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Site & Location
Neighborhood
Pylon Signage
Highway Access
Additional Details
Tenant in Place
Building Details
Building Size
Year Built
Tenancy
Listed By:
Tanner Rosen
(262) 226-9865
Source:
Midamericagrp
Added: Nov 6
Last Checked: Nov 6 at 2:32PM
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 Tanner Rosen
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Investment Insights
Based on property information with market context.
Built in 1995, this 20,266-square-foot retail center occupies a 1.59-acre site and is fully leased to Talbots, FedEx Office and Orangetheory Fitness. The three tenants operate under NNN leases. Pylon signage is installed at the property, which fronts Mineral Point Road in Madison, Wisconsin.
The center is less than one mile from West Towne Mall and has immediate access to the Beltline Highway. Mineral Point Road carries 26,050 vehicles per day, while the Beltline carries 75,600. Within five miles, the trade area has 164,070 residents and a daytime population of 195,766.
The center is less than one mile from West Towne Mall and has immediate access to the Beltline Highway. Mineral Point Road carries 26,050 vehicles per day, while the Beltline carries 75,600. Within five miles, the trade area has 164,070 residents and a daytime population of 195,766.
Key Highlights
- 20,266‑square‑foot retail center on 1.59 acres
- Fully leased to Talbots, FedEx Office and Orangetheory Fitness
- NNN lease structure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$289,875
Cap Rate
3.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,797,500
$5.8M
Cap Rate 7%
$4,141,071
$4.1M
Cap Rate 9%
$3,220,833
$3.2M
Market Conditions
NOI Build-Up for 20,266 SF
Gross rent
$437.7K $21.60/SF
− Vacancy
−$23.6K −$1.17/SF
EGI
$414.1K $20.43/SF
− OpEx
−$124.2K −$6.13/SF
NOI
$289.9K $14.30/SF
Area
Madison, WI
Vacancy
5.40%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,797,500
Cap Rate 7%
$4,141,071
Cap Rate 9%
$3,220,833
Alternative Uses
Best Use
Retail
$4.14M
$3.62M – $4.83M
NOI $289,875 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.92M
$5.18M – $6.91M
NOI $414,399 @ 7.0% cap · market cap 5.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,125
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53717, WI
12,798
Population
6,404
Households
2
Avg Household Size
40
Median Age
66%
College-Educated
96%
High-School Grad
3.6 sq mi
ZIP Area
3,555
Density / Sq Mi
$96,245
Median Household Income
$56,313
Median Earnings
$1,385
Median Rent
$404,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Gammon Place Shopping Center — 658 S Gammon Rd, Madison, WI 53719
- West Towne Collection — W Towne Mall, Madison, WI 53719
- High Point Center — 7475 Mineral Point Rd, Madison, WI 53717
- West Towne Crossing — 37 W Towne Mall, Madison, WI 53719
- Sunglass Hut — 66 W Towne Mall C40, Madison, WI 53719
Frequently Asked Questions
What type of property is this?
Shopping center - Three retail tenants occupy the center under NNN leases.
Where is this shopping center located?
The property is located at 7805 Mineral Point Road Madison, WI.
What is the asking price?
The asking price for this property is $8,080,000.
What are key features of this property?
This property features: 20,266‑square‑foot retail center on 1.59 acres; Fully leased to Talbots, FedEx Office and Orangetheory Fitness; NNN lease structure
