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    3690 Commerce Dr Madison, WI 53719

    For Lease
    $8 SF/Yr

    Flexible warehouse space near West Towne.

    Lot size:
    36,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Dane County industrial property offers a variety of flexible warehouse and flex spaces for lease, totaling 36,000 square feet across two buildings. Three available spaces range from 7,000 to 12,000 contiguous square feet, with a total of 30,607 square feet currently vacant. Building features include ceiling heights ranging from 16 to 24 feet, ample parking (56 stalls), and convenient loading options with two loading docks and ten drive-in doors. One space at 3690 Commerce Drive offers 7,000 square feet with a 12' x 14' drive-in door and 16-foot clear height, including radiant heat and restroom access. Another space in the same building provides 11,607 square feet, featuring two loading docks, a 12' x 12' drive-in door, and a 24-foot clear height. A third space at 3700 Commerce Drive encompasses 12,000 square feet with an 80' x 150' footprint, boasting no interior columns, approximately 2,500 square feet of two-story office space, eight 12' x 12' drive-in doors, and a secure fireproof vault. The property's strategic location near West Towne and Menards provides excellent accessibility and visibility. Multiple tenancy options are available.

    Property Features for 3690 Commerce Dr

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    36,000 SF
    Total Rate
    24750

    Unit(s) available at that property

    Space
    Space 3
    Size
    12,000 SF
    Rate per SF
    $8
    Space
    Space 1
    Size
    7,000 SF
    Rate per SF
    $8
    Space
    Available Space
    Size
    36,000 SF
    Rate per SF
    $8
    Space
    Space 2
    Size
    11,607 SF
    Rate per SF
    $8

    HighLights

    • 36,000 SF industrial flex/warehouse building available for lease in Dane County.
    • Multiple suites available, ranging from 7,000 to 12,000 contiguous SF.
    • 30,607 SF currently vacant.
    • Ceiling heights range from 16' to 24'.
    • Features include 2 loading docks, 10 drive‑in doors, and 56 parking stalls.
    Property Profile Location Intelligence

    Current Use by Public Records

    Penske Truck Rental Truck Rental Agency Superior Storage - Madison Self-Storage Facility Madison Animal Exterminator Pest Control Service

    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
    -89.5223131
    Latitude
    43.0583519

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    FAQs

    What type of property is this?
    Distribution property - Flexible warehouse space near West Towne.
    Where is this distribution property located?
    The property is located at 3690 Commerce Dr Madison, WI.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: 36,000 SF industrial flex/warehouse building available for lease in Dane County.; Multiple suites available, ranging from 7,000 to 12,000 contiguous SF.; 30,607 SF currently vacant.
    Request Owner's contact information
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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
    3690 Commerce Dr Madison, WI 53719
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