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    66 Towne Mall Madison, WI 53719

    Sponsored
    For Lease
    Contact for pricing

    Madison, WI Shopping Center Opportunity

    Lot size:
    828,602 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    West Towne Mall presents a unique investment opportunity in Madison, Wisconsin. This expansive retail and mixed-use property boasts a total of 828,602 square feet situated on a substantial 135-acre lot. Currently, the entire 828,602 square feet is available for lease, offering significant potential for a variety of retail concepts. The property includes 112 parking spaces, ensuring ample convenience for customers. Located at 66 W Towne Mall, Madison, WI 53719, this prime location benefits from its established presence within a high-end shopping center environment. The mall already houses a strong collection of national retailers, including Athleta, Banana Republic, Nordstrom Rack, and Pandora, attracting a significant volume of shoppers. Further enhancing its appeal, an associated open-air center complements the main mall structure. The property's future is bright, with the addition of a Von Maur department store slated to open in 2022, further solidifying its position as a premier shopping destination in Dane County. Two spaces are immediately available, ranging from 1,734 to 2,784 square feet, providing flexibility for various business needs. This is a rare chance to secure a substantial presence in a thriving retail hub.

    Property Features for 66 Towne Mall

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    828,602 SF

    Unit(s) available at that property

    Space
    D-14
    Size
    1,734 SF
    Space
    B-05
    Size
    2,784 SF

    HighLights

    • 828,602 SF retail and mixed‑use property on a 135‑acre lot in Madison, WI, currently available for lease.
    • Prime location within a high‑end shopping center anchored by national retailers like Nordstrom Rack and Banana Republic, with an adjacent open‑air center.
    • Two immediately available spaces ranging from 1,734 to 2,784 SF.
    • Affluent trade area with an average household income of $100,000, supported by major employers including the University of Wisconsin and nearby biotech firms like Exact Sciences and Navitus Health.
    • New home construction within a 20‑minute drive boasts price points from $400,000 to $500,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Torrid Plus Size Clothing Store Hot Topic Clothing Store TechRepair.Zone Cell Phone Accessory Store Love Your Hair Beauty Salon Express Clothing Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.5055749
    Latitude
    43.0569762

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    FAQs

    What type of property is this?
    Lifestyle center - Madison, WI Shopping Center Opportunity
    Where is this lifestyle center located?
    The property is located at 66 Towne Mall Madison, WI.
    What are key features of this property?
    This property features: 828,602 SF retail and mixed-use property on a 135-acre lot in Madison, WI, currently available for lease.; Prime location within a high-end shopping center anchored by national retailers like Nordstrom Rack and Banana Republic, with an adjacent open-air center.; Two immediately available spaces ranging from 1,734 to 2,784 SF.
    Request Owner's contact information
    66 Towne Mall Madison, WI 53719
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    66 Towne Mall Madison, WI 53719
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