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    5704 Raymond Rd Madison, WI 53711

    Sponsored
    For Lease
    $10 SF/Yr

    High-traffic retail space available.

    Lot size:
    55,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Meadowood Shopping Center, located at 5704 Raymond Rd in Madison, Wisconsin (zip code 53711), presents a compelling leasing opportunity for a discerning tenant. This single-tenant retail property boasts a total building size of 55,000 square feet, situated on a generous 2.97-acre lot. Currently, 8,122 square feet of space is available for lease, offering significant potential for a variety of retail businesses. The property features ample parking, with 200 parking stalls readily available for customers and employees. Its location in Dane County ensures convenient access to a thriving consumer base within Madison. The property's classification as a shopping center within the commercial sector highlights its suitability for businesses seeking high visibility and foot traffic. The property's address is 5704 Raymond Rd, Madison, WI 53711. This prime retail space offers a unique chance to establish or expand a business in a well-established and easily accessible location. The substantial available square footage provides ample room for a large-scale operation or the potential for subdivision to accommodate multiple smaller tenants. The significant parking capacity ensures convenient customer access, a key factor for retail success. The property's location within a busy commercial area promises high visibility and significant foot traffic, making it an ideal location for a variety of retail businesses. This is a rare opportunity to secure a prominent retail space in a desirable Madison location.

    Property Features for 5704 Raymond Rd

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    55,000 SF
    Total Rate
    45833.33

    Unit(s) available at that property

    Space
    Available space
    Size
    8,122 SF
    Rate per SF
    $10

    HighLights

    • High‑traffic retail center anchored by Walgreens, Old National Bank, and Madison Public Library, boasting strong tenant mix and high foot traffic.
    • Excellent visibility and convenient access. Over 6,200 households within one mile, served by nearby bus lines.
    • Operating expenses: $3.95 per square foot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Madison
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.478538
    Latitude
    43.032376

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic retail space available.
    Where is this lifestyle center located?
    The property is located at 5704 Raymond Rd Madison, WI.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: High-traffic retail center anchored by Walgreens, Old National Bank, and Madison Public Library, boasting strong tenant mix and high foot traffic.; Excellent visibility and convenient access. Over 6,200 households within one mile, served by nearby bus lines.; Operating expenses: $3.95 per square foot.
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    Madison, WI 53711
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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
    5704 Raymond Rd Madison, WI 53711
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