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    611 Hometown Cir Verona, WI 53593

    Sponsored
    For Lease
    $25 SF/Yr ($3,289 /Mo)

    1,579 SF Retail Space, Verona, WI

    Lot size:
    1,579 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,579-square-foot retail space is located in a thriving Verona, Wisconsin shopping center anchored by Farm & Fleet and Festival Foods, ensuring high visibility and foot traffic. Situated along East Verona Avenue, this property boasts a strong tenant mix including US Cellular, Noodles & Company, Domino's Pizza, and La Penca Mexican Restaurant. The center offers a convenient 7 parking spaces per 1,000 square feet, providing ample parking for customers. The space is the last remaining unit available in this well-established center, presenting a unique opportunity for a business seeking a prime location. Nearby national tenants such as Arby's and Jimmy John's further enhance the area's appeal and draw a diverse customer base. The lease rate is $25.00 per square foot (NNN), making this an attractive investment opportunity. This property offers a turnkey solution for a business looking to establish or expand its presence in a high-traffic, well-established retail environment. The entire 1,579 square feet is available as one contiguous space. Don't miss this chance to secure a prominent location in a successful shopping center.

    Property Features for 611 Hometown Cir

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,579 SF
    Total Rate
    3289.58

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    1,579 SF
    Rate per SF
    $25

    HighLights

    • Farm & Fleet and Festival Foods anchored shopping center in Verona, WI.
    • 1,579 sq. ft. of retail space available.
    • 7:1,000 parking ratio.
    • Strong tenant mix including US Cellular, Noodles & Co., Domino's Pizza, and La Penca Mexican Restaurant.
    • Nearby national tenants include Arby's and Jimmy John's.
    • Lease rate: $25/sq. ft. (NNN).
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Verona
    County
    Dane
    State
    Wisconsin
    Longitude
    -89.5217824
    Latitude
    42.9938554

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    FAQs

    What type of property is this?
    Neighborhood center - 1,579 SF Retail Space, Verona, WI
    Where is this neighborhood center located?
    The property is located at 611 Hometown Cir Verona, WI.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: Farm & Fleet and Festival Foods anchored shopping center in Verona, WI.; 1,579 sq. ft. of retail space available.; 7:1,000 parking ratio.
    Request Owner's contact information
    611 Hometown Cir Verona, WI 53593
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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
    611 Hometown Cir Verona, WI 53593
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